toggle

AAPL Stock: 113.29 ( + 0.37 )

Printed from http://www.macnn.com

Microsoft to widen job cuts past 5,000?

updated 05:40 pm EDT, Mon April 20, 2009

MS Job Cuts May Widen

Microsoft may extend its ongoing job cuts beyond the 5,000 positions already marked out, multiple sources said today. McAdams Wright Ragen analyst Sid Parakh relays to TechFlash that Microsoft may be cutting more jobs in the short term beyond those already outline in its plan. Few details are available, including whether it would just involve a minor change or else a substantial expansion of the original plans.

The cuts, if authentic, may stem from expected poor performance in the first calendar quarter of the year, as Parakh predits Microsoft is likely to perform worse than the consensus provided by most analysts. A large part of the hesitation would reportedly stem from large businesses, which have been hesitant to spend significant amounts on licenses for Windows or business software in a continuing bleak economic situation.

Many, though not the majority, of job losses from the previous round are believed to have had their roots in the Windows Mobile and Zune divisions, where a consolidation of the two groups to save money and expand Zune beyond media players had the greatest effect.

Microsoft has turned down an opportunity to comment on the rumor.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

MSI Geforce GTX 970 100ME

When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

Wren V5US Wireless Sound System

If you're a music fanatic, chances are you are, by extension, a bit fanatical about what you listen to your music on. If you're like ...

toggle

Most Commented