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Even Microsoft may have to lay off workers

Et tu, vole?
Thursday, 15 January 2009, 14:51

IF YOU THOUGHT the tech giants were immune to the credit crunch, think again. Even Microsoft may be mulling layoffs, claims the Wall Street Journal.

The tech behemoth, which currently counts about 91,000 employees, is said to be "seriously exploring significant work force reductions", with the WSJ positing these could be announced as early as next week.

The firm's fourth quarterly results are due out next Thursday, which should indicate whether the Redmond Giant really does have due cause for battening down the hatches and throwing any excess weight overboard.

Yesterday Volish Shares slumped 3.7 per cent to $19.09. µ

L'Inq
Wall Street Journal (subscription required)

 

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already started....

They have laid off many people that work for their ad center already where i work, and have been doing for a month now.

posted by : J, 15 January 2009 Complain about this comment
spellchecker

Actually, if you leave out the lawyers it's only about 20,000.

posted by : rofi22, 15 January 2009 Complain about this comment
M$ is full of it

Not only do they outsource to india, now they want to fire some NOrth American jobs probably even though they got money coming out of their ass.

posted by : Thomas, 15 January 2009 Complain about this comment
Hardly suprising...

They have been turning out turds quicker than my dog.

Xbox
Xbox360
Viata
IIS
WindowsMe
Microsoft Bob..

posted by : Mark, 15 January 2009 Complain about this comment
To remain viable...

We must have more H1-B visas!

posted by : whootowl, 15 January 2009 Complain about this comment
no biggie :-I

ppl are getting laid off at a rate of 1million a month.
just get a job then. try at least...

http://www.jobstaxi.com

posted by : carol, 16 January 2009 Complain about this comment
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