Microsoft boot 3000 employees because of ED!
Microsoft have booted out at least 3000 employees blaming the impact of the Economic Downturn on the company and if necessary they will take further actions if things do not improve in the coming months. This is what the CEO steve Bullmer had to say via email.
In January, in response to the Global Economic Downturn, I announced our plan to adjust the company’s cost structure through spending reductions and job eliminations. Today, we are implementing the second phase of this plan. This is difficult news to share. Because our success at Microsoft has always been the direct result of the talent, hard work, and commitment of our people, eliminating positions is hard.
As we move forward, we will continue to closely monitor the impact of the economic downturn on the company and if necessary, take further actions on our cost structure including additional job eliminations.
Job losses = 3000
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