By continuing to use the site you agree to our Privacy & Cookies policy

Microsoft announces job cuts

Microsoft has announced that it will shed 5,000 jobs over the coming 18 months. The company reported net profits of $4.17bn for the three months to 31 December, down 11% on the same period in 2007. The firm also said that it was no longer able to give a profit outlooks for the fiscal year amid current volatile market conditions.

  • Email
  • Save
  • Email
  • Share
  • Save

Newsletter Sign-up

More sector and country newsletters

Subscribe to MEED to receive your choice of premium newsletters

Find out more

Follow MEED on

Linkedin     Twitter     RSS Newsletter