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Filed under: News, Microsoft

Microsoft to layoff 5,000 people

Microsoft Accounting 2009Sure, Windows 7 may be getting rave reviews, and Windows Mobile 6.5 and Internet Explorer 8 launches may be coming soon. But Microsoft, like many other companies has been hit hard by the recession. According to Microsoft CEO Steve Ballmer, the company's second quarter revenue was $900 million below expectations (although still up 2 percent from last year).

Ballmer says the company has already taken steps to cut operating expenses, but Microsoft will now eliminate as many as 5,000 jobs in research and development, marketing, sales, finance, and other departments over the next year and a half. Over a thousand job cuts take effect today. Microsoft will actually be creating some new positions, but overall, the plan is to reduce the workforce by 2,000 to 3,000 people.

Microsoft currently employs about 94,000 people.

Filed under: Business, Blogging, AOL

AOL to layoff 2000 employees, starting tomorrow

AOLAbout a year ago AOL announced plans to dramatically change its model. For more than a decade, this blog's parent company was best known for sending you CDs/coasters in the mail promising hundreds of hours of free internet service. But in the last year the company has been transitioning to a content/advertising service rather than an ISP.

As part of that change, it looks like AOL plans to layoff about 2,000 employees, or one fifth of its workforce. There's no word on exactly what departments will be hardest hit or what, if any impact this will have on AOL services. While we're owned by AOL, we don't know any more about the upcoming layoffs than you do.

We can tell you that Download Squad won't be affected. We'd like to think that's because Download Squad and the other Weblogs Inc web sites are the new face of AOL. But it also probably has something to do with the fact that most bloggers are contract workers, not full time employees.

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