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Microsoft Makes Massive Cuts - Report
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Posted by Donster on: 2009-05-06 16:47:52 437
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By Dean Takahashi @ VentureBeat
Microsoft announced a new round of layoffs today as it struggles to right itself after reporting tepid results last month. We’ve learned that Massive, the company’s in-game advertising business, suffered something like 75 percent layoffs.
Today’s cuts amounted to more than 3,000 jobs and are part of the 5,000 that chief executive Steve Ballmer said he planned to eliminate over 18 months. Counting the 1,400 jobs cut in January, Microsoft has gotten rid of most of the jobs that it had planned. Microsoft declined to comment on specific job cuts.
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