“Microsoft is laying off another 800 people, adding to the 5,000 the company has already let go this year,” Nancy Gohring reports for IDG News Service.
“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,” Gohring reports. “‘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.”
Gohring reports, “The most recent cuts follow an earnings report that included a 14 percent drop in revenue.”
Full article here.
[Thanks to MacDailyNews Reader “Scarbro” for the heads up.]