Microsoft Rumored To Lay Off Thousands Worldwide
nandemoari writes "It seems not even Microsoft is impervious to the effects of this increasingly painful recession. According to reports, the Redmond-based company is preparing to lay off about 17 per cent of its entire workforce in the coming months.
Despite its portfolio diversity — including operating systems, antivirus software, and video game consoles — Microsoft is clearly feeling the pressure applied by a tightening global economy. In fact, there seems to be a sense of emergency to the massive cuts (about 15,000 workers out of 90,000), which rumors suggest should be made official by January 15."
A CNBC report out today appears to put to rest continued rumors of significant Microsoft layoffs coming this month.
In recent weeks, two blogs -- Mini-Microsoft and Fudzilla -- have both reported that Microsoft is preparing to lay off large numbers of employees before the company announces its second quarter earnings on Jan. 22.
Neither blogger quoted inside sources and both later backtracked on their reports.