LayoffBlog.com

February 23, 2009

Microsoft Asks Laid-off Workers to Return Overpaid Severance

Microsoft is asking some of the workers it laid off in late January to pay back money they were given in excess of their severance packages. The Redmond-based company is blaming an accounting error and expects repayments within two weeks.

After making 1400 staff redundant, Microsoft reportedly overpaid some of those former employees and underpaid others at the same time. Those who were overpaid were reportedly sent letters requesting for a refund.

Source: PC World

December 22, 2008

Microsoft Layoff Rumors

Filed under: IT,Microsoft,Rumor,US — 7macaw @ 10:30 am
Tags: , , , , ,

Mini-Microsoft writes: “Rumors. Microsoft layoff and cut-backs and Reduction In Force rumors. That’s all I have for you. Rumors and second-hand speculation and the comments left by the fine, good-looking folks who participate in the conversation here. So pour yourself some holiday cheer and dive in.

What have those fine folks been sharing over the past couple of posts here? Bad news on the rise and with perhaps January 15th 2009 as an interesting day for Microsoft news. Bad news. 15 Jan is a week before FY09Q2 quarterly results and it’s better to share as much news, good and bad, before the results are released vs. surprising Wall Street”.

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