| Font Size |
"Microsoft is preparing to announce the first wide scale layoffs in its 32-year history, with up to 15,000 jobs at risk, according to some predictions," 'The Times' said in a report published online.
Speculation about job cuts was triggered by a report by Fudzilla, a technology blog site, which said employees were told that the software group was preparing for major layoffs from its global operations on January 15, it added.
Earlier, a brokerage firm Oppenheimer & Co's analyst Brad Reback had asked Microsoft to cut its workforce by 10 per cent or about 9,100 employees.
"Such layoff exercise "would be a healthy move for the company," Reback added. Microsoft had close to 91,000 employees on its payrolls at end of July-September quarter.
Further, 'The Times' report stated that the news of job losses came amid the company being forced to apologise for an embarrassing hiccup with its Zune digital music player.
A bug in the device's internal clock in the original 30-gigabyte version failed to cope with the last day of the leap year and thousands of owners were left with a frozen screen on December 31.
The report quoted Microsoft statement as saying, "the issue should be resolved over the next 24 hours as the time change moves to January 1, 2009. We expect the internal clock on the Zune 30 GB devices will automatically reset."
Besides, Microsoft is scheduled to release its second quarter results for the fiscal year 2008-09 on January 22.
Battling the economic crisis, companies in their bid to save costs, have announced over one lakh job cuts in December in the US.
Discuss this story on expressindia forums
|
|
People always hate to talk about when they are laid off. But as it has become every day's news headline since Yahoo started it with cutting 1500 of its task force last year, now a need of platform has been in demand where people can express their selves in words how they are feeling about their company, whey the got laid off was that justified or not.And every thing they want to tell anonymously.And www.layoffgossip.com is providing you that platform.
Any company lay offs is painful to the employes. THE COMPANY CAN REDUCE ITS Expenses but the thing is every employee has his own family expenditure and his commitments.if he is out unexpectedly what is his position in his life. he cannot withdraw all his goals at a time . So, companies should rethink on this and inform before atleast three months. Then there will be no problem with this layoffs.. Inthe mean time he lookafter jobs.