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Microsoft to cut 5,000 jobs

 
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PostPosted: Thu Jan 22, 2009 5:01 pm    Post subject: Microsoft to cut 5,000 jobs Reply with quote
Microsoft will be cutting 5,000 jobs following an 11 per cent year-on-year
decline in net profit,

reports MCV. They say some 1,400 employees will be let go immediately, with
3,600 cuts to follow over the next 18 months, which they hope will save them
around $1.5 billion a year. Microsoft is not commenting at this time w...read more
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