Linked by Thom Holwerda on Thu 22nd Jan 2009 15:37 UTC
Microsoft After much, much, much speculation, Microsoft let the cat out of the bag today: due to weak results, Microsoft is going to cut 5000 jobs. Those 5000 jobs will disappear over the course of 18 months, with 1400 jobs being cut immediately. Quarterly results, as well as the cost-cutting measures, were made known in a press release today.
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RE: It is a shame
by cobbaut on Fri 23rd Jan 2009 10:13 UTC in reply to "It is a shame"
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For a company that have $50 billion in the bank...

Wrong, their $50 billion dropped to just below $20 billion.

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