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Microsoft Lays Off Thousands, Hints at More to Come

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Msg#: 3907806 posted 12:35 pm on May 6, 2009 (gmt 0)

Microsoft Corp. said Tuesday it is pulling the trigger on thousands of the 5,000 job cuts it announced earlier this year.

And in an e-mail to employees, Microsoft Chief Executive Steve Ballmer left the door open to even more cuts.

"As we move forward, we will continue to closely monitor the impact of the economic downturn on the company and if necessary, take further actions on our cost structure including additional job eliminations," he wrote.

When Microsoft announced its first-ever companywide layoffs in late January, the software maker immediately cut 1,400 positions, with the remaining 3,600 cuts to come over an 18-month period.

After making the cuts disclosed Tuesday, the software maker said it will be almost finished with the 5,000 layoffs.

[foxnews.com ]



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Msg#: 3907806 posted 12:49 am on May 8, 2009 (gmt 0)

I had read elsewhere that they wanted to get these layoffs out of the way as they were not good for the morale of the staff not to know who was staying and who was going.

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