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Microsoft planning mass-layoffs in January

Thousands of workers across the world might experience layoffs at Microsoft come 15 January, 2009. According to CNET News about 15,000 workers, approximately 17% of Microsoft operations worldwide can expect layoffs before the second quarter earnings report scheduled for 22 January.

9 Jan 2009

The Independent reported that due to the worldwide economic downturn, Microsoft is experiencing slow demand at both the retail and business levels, resulting in reduced sales of the Windows operating system as well as licenses for corporate software like Microsoft Office.

Read the full article on itnewsafrica.