Patent Licensing Co. Intellectual Ventures Cuts 5% Of Staff
The Bellevue, Wash.-based company, founded by former Microsoft Corp. Chief Technology Officer Nathan Myhrvold, said in a statement that it was both reducing its headcount and making unspecified "operational improvements."
"We have eliminated approximately 5 percent of our global workforce and consolidated other positions elsewhere in the company," the company said. "We remain committed to delivering long-term returns for our investors through a...
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