“Microsoft is cutting another 800 jobs worldwide as it attempts to cope with falling demand for its products. … Earlier this year Microsoft chief executive Steve Ballmer said the company would be cutting ‘up to’ 5,000 positions, although [this] takes the company beyond that initial figure.
…
The move comes shortly after the company reported falling profits and revenues in its most recent financial filings. … Until this year the world’s biggest software company … had never made any large-scale redundancies.”

(Source: More layoffs at Microsoft: another 800 cut – Computerworld Blogs)

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