Microsoft has announced that it will be closing its Skype subsidiary office in London, potentially costing over 200 jobs. Microsoft has been on a global drive to reduce staff numbers as tech giants worldwide attempt to cut costs, positioning themselves to offer the best and cheapest service to consumers in the digital economy. Microsoft will be consolidating their London business in their new site in Paddington. "Microsoft will be entering into a consultation process and offer new opportunities, where possible," the company said.

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