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- It aims to help enterprises protect their data as it moves between servers and devices.
- On February 28, 2025, Microsoft announced that Skype would be shutting down on May 5, 2025, to streamline its focus on Microsoft Teams.
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Each following year that number fell, and in 2023, the company was no longer in the top 10. Microsoft’s workforce peaked in Bellevue in 2021, with about 9,300 employees, according to city financial reports. In all, Microsoft left behind almost 2 million square feet of office space in Bellevue among leases that expired between 2023 and 2025. The company said it wouldn’t renew its leases for the two Bravern Towers in downtown Bellevue and also let most of its leases expire in the Lincoln Square North tower.
A Microsoft spokesperson stated that the corporation runs several programs that facilitate the sharing of such information with the U.S. government. The layoffs primarily affected Activision Blizzard employees, but some Xbox and ZeniMax employees were also affected. As a result, the company will record an impairment and restructuring charge of approximately $950 million, of which approximately $200 million will relate to severance payments.
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Poki is home to a curated collection of the best video games for your browser. Microsoft’s decision to vacate 750,000 square feet of office space between The Bravern Towers was the hardest hit to the Eastside market last year, according to Broderick Group. The company’s recent renewals don’t represent the gains that the Eastside real estate market is hoping for amid a postpandemic recovery, but they do keep two giant properties out of a saturated market. The company stunned Bellevue city leaders in 2023 when it said it would vacate the 26-story City Center Plaza office tower the following year.
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