Microsoft moves forward on plan to lay off 5,000

May 5, 2009

(AP) -- Microsoft Corp. is pulling the trigger on thousands of the 5,000 job cuts it announced in January.

When Microsoft announced its first-ever companywide layoffs, the cut 1,400 of the jobs it said it would slash, with the rest coming over an 18-month period.

Now after making cuts that were disclosed Tuesday, the software maker says it will be almost finished with the 5,000 .

Microsoft says the affected workers are split between the U.S. and other countries. They will be given severance packages, and the software maker expects some will be rehired as part of the 2,000 to 3,000 new jobs is creating between now and the middle of 2010.

©2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Explore further: Microsoft feels more recession fallout, sales drop

Related Stories

Microsoft feels more recession fallout, sales drop

April 23, 2009

(AP) -- Microsoft Corp. said Thursday its quarterly revenue fell from the previous year for the first time in its 23-year history as a public company, and its profit fell more sharply than Wall Street was expecting.

German regulators fine Microsoft for price-fixing

April 10, 2009

(AP) -- Antitrust regulators fined Microsoft Corp.'s German subsidiary 9 million euros ($11.8 million) and said the world's largest software maker illegally influenced retail prices for its Office 2007 programs.

TomTom to pay Microsoft to end patent fight

March 30, 2009

(AP) -- Microsoft Corp., the world's largest software maker, on Monday said it settled a patent dispute over car navigation technology with TomTom NV for an undisclosed amount.

Microsoft offers computer training to unemployed

April 14, 2009

(AP) -- Microsoft Corp. announced Monday it would be giving away more than 30,000 vouchers over the next 90 days to help unemployed people in Washington state get new computer skills.

Business software market likely to stay flat this year

March 30, 2009

Research firm Gartner Inc. said Monday the market for software sold to businesses is likely to grow only 0.3 percent this year compared to 2008, a downward revision from the firm's previous forecast of 6.6 percent growth.

Recommended for you

Forget oil, Russia goes crazy for cryptocurrency

August 16, 2017

Standing in a warehouse in a Moscow suburb, Dmitry Marinichev tries to speak over the deafening hum of hundreds of computers stacked on shelves hard at work mining for crypto money.

Researchers clarify mystery about proposed battery material

August 15, 2017

Battery researchers agree that one of the most promising possibilities for future battery technology is the lithium-air (or lithium-oxygen) battery, which could provide three times as much power for a given weight as today's ...

Signs of distracted driving—pounding heart, sweaty nose

August 15, 2017

Distracted driving—texting or absent-mindedness—claims thousands of lives a year. Researchers from the University of Houston and the Texas A&M Transportation Institute have produced an extensive dataset examining how ...

1 comment

Adjust slider to filter visible comments by rank

Display comments: newest first

earls
not rated yet May 10, 2009
If only the upper level management was in that 5,000.

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.