Microsoft resorts to first layoffs, cutting 5,000 (Update)
January 22, 2009
In this Jan. 8, 2009 file photo, showing Microsofts' Windows 7, on display in the Microsoft booth at the International Consumer Electronics Show in Las Vegas. Microsoft Corp. said Thursday, Jan. 22, 2009, it is cutting 5,000 jobs over the next 18 months, a sign of how badly even the biggest and richest companies are being stung by the recession. (AP Photo/Paul Sakuma, File)
(AP) -- Microsoft Corp. said Thursday it is cutting 5,000 jobs over the next 18 months - more than 5 percent of its work force - a sign of how badly even the biggest and richest companies are being stung by the recession.
Content from The Associated Press expires 15 days after original publication date. For more information about The Associated Press, please visit www.ap.org .
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