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Microsoft’s New Campus Drove Up Home Prices. Where Are the Jobs?

Microsoft says it still plans to reserve about one-quarter of the land for community use, but those uses have no timeline. The pullback in Atlanta is part of the company’s broader cost-cutting efforts, which include layoffs of around 10,000 employees and reassessment of the company’s real-estate holdings and leases. Microsoft isn’t the only company to reconsider its future office plans; Amazon paused construction plans for the second and larger half of its new HQ project in Arlington, Virginia, in March, and Alphabet will also be…

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