Microsoft to layoff 9100 …
There are strong rumors that microsoft is layoff their 10% employees(9100) on or before 15 Jan 2009. According to Mini-Microsoft (which is a blog written by Microsoft employees )layoff news would come before the Q2 earning result on 22 Jan2009.
According to a comment from employee ,” MS will not do straight layoff. It will re-org, and cut groups/projects. Say 2000 FTE are given 4 weeks to land a new job within MS, I bet 1500 will find nothing and will be forced to leave. So no layoff, let’s call it “reorg-off” and MS can even save layoff package.”
Several big customers have not renewed SAs. This isn’t just Vista, but also Exchange and other major revenue-generating products. Several contracts are going from being in the top-5 to zero. 2009 Q1 and Q2 are going to be horrific.
Rumor confirmed from Microsoft Advertising. There are several areas within the organization that I can confirm an upcoming “reorg.” Leaders of undisclosed groups have been asked to represent materials around their groups’ long term plans and feasibility. I think this one is going to be big, hopefully they just cut the fat. There is plenty of it from my experience.
Earlier in October, Microsoft had put in place a hiring freeze on some of its divisions, such as entertainment and devices businesses that make products like X-Box and Zune.
i’ve started tracking layoffs here at http://www.layoffs.in about USA and other countries it is really worrying a lot. hope this gets better in 2009.