Microsofts turn to cull staff numbers?
"The threat of layoff's is reportedly looming over staff at Redmond"
Published: 2nd January 2009 | Source: TG Daily |Microsoft is reportedly set to layoff some 15,000 staff
In this current climate of economic uncertainty it seems that company positions that were considered fairly 'safe', are no longer as secure as once thought. Yesterday we reported on AMD's staffing layoff's and the writing down of the value of ATI to the tune of over 50% of its original value. Everywhere it seems, businesses are hurting.
Microsoft too are reportedly readying to wield the 'layoff hammer' to around 15,000 employees, which equates to around a 17% reduction Microsoft’s global workforce of 90,000 people. What is surprising is that Microsoft seem to have had healthy product sales during Q4 2008.
There have been a number of rumours circulating the net that suggest the staff layoff's will happen on or around the 15th of January.
The Mini-Microsoft blog, which is usually a reliable source on inside-Microsoft topics, also posted a note that “substantial” layoffs are coming on January 15. And while insiders at Microsoft have reportedly stated that the 15,00 jobs suggested is a little too high, the layoff's will be substantial.
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