Saturday, January 3, 2009
Microsoft may layoff 15000 Employes from rolls
LONDON Dec 3 PTI : The world's top IT Firm, Microsoft, is planning to layoff in its workforce where up to 15,000 jobs may be axed this month, says a media report.
"Microsoft is preparing to announce the first wide scale layoffs in its 32-year history, with up to 15,000 jobs at risk, according to some predictions," The Times said in a report published online.
Speculation about job cuts was triggered by a report by Fudzilla, a technology blog site, which said employees were told that the software group was preparing for major layoffsfrom its global operations on January 15, it added.
Earlier, a brokerage firm Oppenheimer & Co's analyst Brad Reback had asked Microsoft to cut its workforce by 10 per cent or about 9,100 employees.
"Such layoff exercise "would be a healthy move for the company," Reback added. Microsoft had close to 91,000 employees on its payrolls at end of July-September quarter.
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