Entries tagged "Microsoft layoffs"
Microsoft's latest layoffs cut Don Dodge. A veteran of five startups himself, Dodge was the software giant's liaison to startups. In January, the company said it would eliminate 5,000 jobs this year and next.
Microsoft sold corporate bonds Monday for the first time in the company's history, fueling rumors it might buy SAP. Ballmer calls it a 'random rumor' and addresses layoffs.
Microsoft announced it would cut 5,000 workers back in January. Tuesday, 3,000 of them learned their jobs got cut.
Microsoft's EPS fell to 33 cents, 6 cents lower than analysts expected, and 14 cents less than the same quarter a year ago, reflecting low PC shipments worldwide.
Will Microsoft announce more layoffs on its earnings call Thursday? Will Steve Ballmer say anything about talks with Carol Bartz and potential partnership with Yahoo!?
