Amid news of worsening economic turmoil in markets worldwide, rumors persist that Microsoft may be readying the first formal round of layoffs in the company's history. The latest buzz suggests the Redmond-based software giant may eliminate as many as 15,000 jobs -- though cooler heads say the cuts will come more from attrition and expired contracts than from actual pink slips. Whatever the case, look to January 15 for the big announcement, sources say.
News that Microsoft may be tightening its belt certainly comes as no surprise. It's not the only company to do so -- Yahoo trimmed 10 percent of its workforce in December, for example, while IBM is rumored to be planning layoffs of its own. But it's tempting to speculate whether there may be more behind Microsoft's cost-cutting measures than just a response to the current recession, especially in light of reports that core Microsoft products have lost significant market share in recent months.























