More Microsoft layoffs set

REDMOND, Wash., Nov. 4 (UPI) --

U.S. software giant Microsoft Corporation (Public, NASDAQ:MSFT) said it would lay off 800 workers on top of a previously announced cutback of 5,000 announced in January.

"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," company spokesman Lou Gellos said, IDG News Service reported Wednesday.

The new round of cuts would occur in the United States and abroad, the company said.

Gellos said Microsoft Corporation (Public, NASDAQ:MSFT) did not anticipate any more layoffs.

The announcement was made soon after Microsoft Corporation (Public, NASDAQ:MSFT)'s third quarter report showed a 14 percent drop in revenue.


Copyright 2009 by United Press International
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Times of the Internet, now in Spanish


Published: Wednesday 04th of November 2009 05:47:49 PM
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