LayoffBlog.com

January 5, 2009

Microsoft Readies Cuts; Though Big Layoffs Unlikely

According to NBCBayArea: “Microsoft will embark on a significant cost-cutting initiative in 2009, which might begin as early as this month, to offset a global slowdown in sales. However, sources tell Jim Goldman of CNBC, the cuts will largely be handled through attrition and the non-renewal of contract employees, rather than through a rumored, sweeping layoff.

“Rumors of a broad workforce reduction at the world’s largest software maker have been swirling since a blog post last week purported to show that Microsoft was preparing to lay off as many as 15,000 employees, or 17 percent of its workforce. A Microsoft source tells Goldman that the speculation is “grossly exaggerated,” but added that “any company not paying careful attention to headcount in a climate like this is nuts.” Calls and emails to Microsoft Saturday morning were not immediately returned.”

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