Microsoft Plans to Cut 5,000 Jobs - NYTimes.comFirst Faved : Jan 22 2009 by ChrisWeiFaved : 1 time with noteViewed : 0 timesFave It!
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Quoted: Microsoft stunned its investors, announcing the first broad layoffs in its history and offering a pessimistic forecast for the second half of its fiscal year.
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Analysts are now saying that the market actually reacted negatively because MS didn't lay off ENOUGH. No wonder guys who understand market trends win nobel prizes (or get thrown in jail).