Microsoft has announced it will be eliminating up to 5,000 jobs over the next 18 months as a result of declining growth and market weaknesses. Out of the 5,000 job cuts, 1,400 of them will come into place immediately.
To read the full press release, please visit [http://www.microsoft.com/presspass/press/2009/jan09/01-22fy09Q2earnings.mspx]
Posted by: Eric Lam
Category: Microsoft Stock