ABC News this afternoon reports that Seattle television affiliate KOMO-TV is reporting Microsoft (MSFT) is prepared to undertake “significant layoffs” in a restructuring move that will reduce numerous operating divisions down to just a handful.
The report follows a Bloomberg article back on January 11th by Dina Bass that said Microsoft CEO Steve Ballmer was looking to fix its market approach and that the company might cut hundreds of jobs, citing unnamed sources at the time.
Microsoft shares today are up 43 cents, or 1.5%, at $29.96.
http://abcnews.go.com/blogs/business/2012/02/microsoft-american-air-brace-for-reported-layoffs/
No comments:
Post a Comment