Microsoft lays off 800 people
- 05 November, 2009 05:01
- Comments
Microsoft is laying off another 800 people, adding to the 5,000 the company has already let go this year.
The Techflash blog first reported the news.
The affected people are based around the world and work in various groups and will be notified on Wednesday, Microsoft said.
The layoffs are part of the plan that Microsoft announced in January to let go of 5,000 people, although Wednesday's action adds to that original number. "In the ensuing 11 months from January until now, we realized we had to move a little beyond the 5,000, so that put us at about 5,800," said Lou Gellos, a spokesman for Microsoft. While Microsoft initially said that it would complete the layoff program by June 2010, this round of layoffs finishes the plan, he said.
As is its usual policy, Microsoft will regularly monitor its size and make adjustments as needed, he said.
This marks the first large layoff in the company's history. It immediately let go about 1,400 people after the cuts were announced in January. It made an additional cut in May, saying that the round nearly completed the total 5,000 cuts.
At the time, Microsoft CEO Steve Ballmer said that more cuts could happen.
The most recent cuts follow an earnings report that included a 14 percent drop in revenue. Market reception to the news was generally positive, since the drop was less than expected.
Come socialise with us! Facebook | LinkedIn
- Bookmark this page
- Share this article
- Got more on this story? Email ARN
- Follow ARN on twitter
- Churchtown Primary School UK Primary School Chooses Aerohive's Reliable, Manageable, Scalable and Economical Controller-less Wireless LAN Architecture
- Aberdeen Group: Building Business Resilience Through Active Archive
- Red Light In the Control Centre Saves Hours of Chaos
- Premier Media Group Fast Study
- Market Potential-Strategy Guide to the Active Archive Market
-
Lenovo awarded NSW DET netbook contract
-
Telstra-NBN Co wholesale broadband agreement “imminent”
-
Telstra BigPond email with Windows Live capabilities
-
Panasonic ramps up healthcare presence
-
Datacom joins AFP, Microsoft and ninemsn to support ThinkUKnow









Comments
Post new comment