From Computerworld, January 22, 2009...
Microsoft Corp. today said it will cut 5,000 jobs amid falling profits. About 1,400 positions were eliminated today.
The job cuts come as the company announced that fourth-quarter profits fell 11% to $4.17 billion. Revenue rose 2% to $16.6 billion.
The company said it plans to cut jobs in research and development, marketing, sales, finance, legal, human resources and IT over the next 18 months.
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