Microsoft moves forward with job cuts

by admin May 6, 2009 at 5:04 pm

New crop of employees notified of layoffs

Microsoft has begun the second phase of the layoffs announced earlier this year in its ongoing campaign to reduce costs.

The latest cuts are said to number in the thousands, and are believed to complete nearly all of the 5,000 layoffs the company estimated it would need to make after posting disappointing financial results in January.

The initial round of layoffs were the first in Microsoft’s history, and the total will represent some five per cent of its workforce. The latest series will affect employees in the US and internationally.

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