Microsoft to cut 5,000 Jobs and Reports Low Earnings
Microsoft slashes up to 5,000 jobs at money.cnn.com by David Goldman.
Microsoft to cut 5,000 Jobs
Software maker Microsoft Corp. announced Thursday it will cut up to 5,000 jobs in the next year and a half, or 5.5% of its global workforce, citing further deterioration of global economic conditions.
The company also posted lower fiscal second-quarter earnings that missed analysts’ forecasts.
View Points
Microsoft Sells Its Comcast Stake at dealbook.blogs.nytimes.com.
More rumors of Microsoft job cuts at crunchgear.com by John Biggs.
Welcome to Microsoft’s Nightmare: Weak Quarter and Still More Yahoo Questions! at kara.allthingsd.com by Kara Swisher.
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