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Microsoft to cut five thousand jobs as 360 sells 6 million in 3 months

This is a discussion on Microsoft to cut five thousand jobs as 360 sells 6 million in 3 months within the Video Game News forums, part of the General Topics category; Microsoft today announced that due to “the further deterioration of global economic conditions,” it will “eliminate up to 5,000 jobs” ...

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Old 01-22-2009, 11:00 PM   #1 (permalink)
 
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Default Microsoft to cut five thousand jobs as 360 sells 6 million in 3 months

Microsoft today announced that due to “the further deterioration of global economic conditions,” it will “eliminate up to 5,000 jobs” over the next 18 months.1,400 jobs will be cut immediately with R&D, marketing, sales, finance, legal, HR and IT all affected. Microsoft intends to recoup approximately $1.5 billion through the cost-cutting initiative.“While we are not [...]

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