January 22, 2009
Due to decreasing sales and looming recession, Microsoft announced today that they are cutting there worldwide workforce by approximately 6% i.e. 5000 employees out of there 91000 full time employees worldwide. Microsoft’s earnings fell to US$4.17 billion, or 47 cents a share, from US$4.71 billion, or 50 cents a share, a year ago, missing analyst [...]
December 28, 2008
Microsoft is gearing up for layoffs due to the current global economic recession, with some speculation suggesting it could go as deep as 10 percent of Microsoft’s 91,000 full-time employees. Another 9,100 people out of work is not a good thing, no matter how much you may dislike Microsoft. And on the another thought I [...]
