Microsoft outlines redundancy programme
26-01-2009
Microsoft today finally outlined the vast scale of its redundancy programme as it declared 5,000 jobs would go worldwide. Around 60 UK staff were made redundant today as part of the first wave of lay-offs totalling 2,900. The remaining 2,100 will be imposed in the next 18 months. Today's cull is hugely symbolic for Microsoft as it is the first company-wide firing programme at the firm. Previous lay-offs have been product or division-specific. Chief Executive Steve Ballmer is under pressure to make savings as sales growth dries up.
