Microsoft cuts loose dozens of Singapore Staff
MICROSOFT’S local employees dodged the first bullet but could not escape the next, as the economic downturn continues to crimp technology spending by businesses and consumers.
BT understands that dozens of Singapore-based positions were axed this week under the second phase of a plan to cut 5,000 jobs worldwide by June next year.
Singapore currently plays host [...]
Microsoft drops payback demand on ex-workers
Microsoft Corp has dropped an attempt to recoup some severance money from 25 recently fired workers it mistakenly overpaid.
The Redmond, Washington-based company, which announced a plan to cut up to 5,000 jobs in January, acknowledged on Sunday that it had tried to get the overpaid workers to return the extra money. But late on Monday, [...]
Oops: Microsoft Asks Some Laid Off Workers To Send Back Part Of Their Severance
Talk about adding insult to injury. Apparently Microsoft has inadvertently overpaid severance to some of its recently laid off employees, and is now asking for some of the money back. It’s unclear how many of the 1,400 employees laid off last month were affected, but we’ve confirmed that it wasn’t a single isolated incident (we’ve [...]
Singapore spared from Microsoft job cuts
MICROSOFT’S Singapore operations, along with its other subsidiaries in the South-east Asia region, will largely be spared from a first round of job cuts which will see the axing of 1,400 positions globally.
The planned reductions, to be executed immediately, is the precursor to subsequent waves of retrenchment which will see Microsoft shedding 5,000 jobs or [...]
Microsoft – Ballmer’s e-mail to employees regarding layoffs
From: Steve Ballmer
Sent: Thursday, January 22, 2009 6:07 AM
Subject: Realigning Resources and Reducing Costs
In response to the realities of a deteriorating economy, we’re taking important steps to realign Microsoft’s business. I want to tell you about what we’re doing and why.
Today we announced second quarter revenue of $16.6 billion. This number is an increase of [...]
Sun eliminates 1,300 jobs as part of larger layoff plan
Add Sun Microsystems Inc. to the list of tech companies rolling out layoffs this week.
Sun today notified 1,300 employees that they are losing their jobs, part of an initial wave of layoffs that may reach 6,000 before the cutting is finished.
Sun, in a statement, said that the “reductions were made across all levels, including vice [...]
Microsoft slashes up to 5,000 jobs
Software giant says it will cut 1,400 jobs immediately, and posts lower earnings that miss estimates.
NEW YORK (CNNMoney.com) — Software maker Microsoft Corp. announced Thursday it will cut up to 5,000 jobs in the next year and a half, or 5.5% of its global workforce, citing further deterioration of global economic conditions.
The company also posted [...]
Microsoft expected to announce cut of thousands of jobs
NEW YORK/BOSTON (Reuters) – Microsoft Corp is expected to post a quarterly profit that misses its own target and announce thousands of job cuts this week as the global economic slump hurts even the technology industry’s biggest players.
When the leading software maker reports fiscal second quarter results on Thursday, investors are likely to press for [...]
Microsoft considering ’significant’ job cuts, happening today?
For weeks now, rumors have been circulating the Internet that Microsoft would be laying off employees on Jan. 15. As we approach the deadline, talk is intensifying. The Wall Street Journal writes:
Microsoft Corp. is seriously exploring significant work force reductions that could be announced as early as next week, in a sign that the weak [...]
