According to Silicon Valley website Fudzilla, as much as 17% of the global workforce could be chopped, with Europe hit the most.
With businesses tightening purse strings and online revenue down Microsoft isn’t feeling so chipper right now. A 10% staff cut could save them $1.2bn a year analysts declare.
”We do not comment on rumour and speculation,” responded a Microsoft rep to MCV.
17% would affect up to 15,000 jobs worldwide but it’s believed the brunt of the layoffs would be taken in Europe and other overseas territories.
Corporate penny pinching may lead to significant shortfalls for Office licenses this year, and their MSN business isn’t feeling as much ad revenue love as it would like to be.
