Microsoft to Cut 3,000 More Jobs

Microsoft logoAs Microsoft continues to prepare for the upcoming release of its Windows 7 operating system, the Redmond-based company has announced its most recent round of scheduled job layoffs.

"As we move forward, we will continue to closely monitor the impact of the economic downturn on the company and if necessary, take further actions on our cost structure, including additional job eliminations," Microsoft CEO Steve Ballmer told employees via e-mail.

However, all affected employees were given severance packages, and some of them will be rehired as Microsoft intends to create between 2,000 and 3,000 new jobs over the next 12 months in an effort to shift its business focus.

The company originally announced plans to cut up to 5,000 jobs by June 2010, and appears to be living up to its promise. More job cuts are expected in the future, but Microsoft officials said it's almost done cutting jobs.

Microsoft recently posted its first quarterly revenue decline in its history as a public company, which shocked many financial analysts. As consumers are less willing to go out and purchase new PCs and notebooks, Microsoft's OS business unit has greatly suffered, with the company also struggling to battle back against the rising popularity of netbooks.

Silicon Valley has suffered through a turbulent global economy, with many tech companies releasing employees. Most tech companies, however, that have been forced to cut jobs will likely not re-hire employees at a later time.

Source: DailyTech

Tags: Microsoft, Windows 7

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
Purported leak reveals upcoming phablet’s design
 
Google boasts of integration with Google Assistant and Google Home
 
The support team replied that some hardware limitations are leading to malfunctions
 
The retailer will allow results to appear in the Shopping section of Google’s search engine
 
Trump is seeking to lift the export ban as a "personal favor" to China
 
The company reportedly sniffed around AMD and Nvidia as potential GPU suppliers
 
 
iPhone users in the US will be able to automatically share their location with first responders
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 /
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
 
 

News Archive

 
 
SuMoTuWeThFrSa
     12
3456789
10111213141516
17181920212223
24252627282930




Poll

Do you use microSD card with your phone?
or leave your own version in comments (10)