A sad day for Microsoft — layoffs. The inevitable result of “panic spending”

While I no longer work for Microsoft, after 20 years there I have a ton of friends who are still there.  Microsoft is a company that cares a lot about it’s employees.  The fact that they have just announced layoffs (Mary Jo Foley Todd Bishop Kara Swisher)is a huge step.  I know that the leadership of Microsoft would have rathered done anything else before having to take this step — they know that it will change the company forever.  It really hits home just how serious this recession is.

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