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NEWBIGTECH

All it takes is some grains of faith And a few kilowatts of sweat and grace
Articles Posted: 187  Links Seeded: 1460
Member Since: 5/2010  Last Seen: 5/15/2012

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Microsoft, American Air Brace for Reported Layoffs - ABC News

Seeded on Fri Feb 3, 2012 1:20 PM EST
Read ArticleArticle Source: ABC News
us-news, crime-obama, microsoft-jobs, banking-unions, economy-amr, unemployed-money
Seeded by Newbigtech
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A spokesman for Microsoft confirmed the company underwent a restructuring within the marketing division that eliminated 200 jobs out of the company’s 92,000.

Microsoft Corp. reported flat earnings in the latest quarter due to the weak PC market. The company reported revenue on Jan. 19 of $20.89 billion for the quarter ended Dec. 31, a 5 percent increase from the prior-year period. Net income fell to $6.62 billion, from $6.63 billion.

“Given the rapid changes in technology and the shifts in how our customers connect with Microsoft, great marketing is more important than ever to Microsoft’s future success,” the company said in a statement. “We’re taking steps to improve the effectiveness and efficiency of our marketing, and to strengthen career paths for marketers at Microsoft. Some of these changes involved the reduction of a small percentage of marketing positions, to better align our resources with our business needs and clarify roles across the marketing function.”

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