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Old 04-23-2011, 02:16 PM   #1
wtixh965
 
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Default Office 2007 Activation Key Microsoft to cut 5,000

The official word on layoffs is out: Microsoft will probably lower five,000 work opportunities more than the next 18 months, one,400 of them these days, January 22.Through the business;s Q2 earnings release:“Microsoft will eliminate up to 5,000 jobs in R&D, marketing, sales, finance, legal,Microsoft Office 2007 Product Key, HR, and IT over the next eighteen months, including one,Microsoft Office Professional 2007,400 careers today. These initiatives will reduce the company’s annual operating expense run rate by approximately $1.5 billion and reduce fiscal year 2009 capital expenditures by $700 million.”I was predicting the Softies were likely to get by simply by shuffling folks around and quietly closing groups. It sure seemed like there were a lot of places where the fat could be trimmed. But I was wrong.That said, the five,000 cuts are not as severe as many had been predicting. Rumors had Microsoft cutting 8,000 to 15,000 or a great deal more work opportunities out of a total worldwide employee roster of 96,000.Microsoft also is announcing as part of its cost-cutting measures,Office 2007 Activation Key, including “the reduction of headcount-related expenses, vendors and contingent staff, facilities, capital expenditures and marketing.”Other tidbits from today;s earnings news:* Microsoft’s second quarter earnings, the corporation reported net income of $4.17 billion, or 47 cents a share, on revenue of $16.63 billion,Microsoft Office 2007, up only 2 percent from a year ago. Wall Street was expecting earnings of 49 cents a share.* “Due to the volatility of market conditions heading forward, Microsoft is no longer able to offer quantitative revenue and EPS (earnings per share) guidance for the balance of this fiscal year. Microsoft offers operating expense guidance of approximately $27.4 billion for the full year ending June 30, 2009.”* Revenue for Windows client — one of Microsoft two biggest cash cows – declined eight percent for the quarter “as a result of PC market weakness and a continued shift to lower priced netbooks.” The bright spots for Q2: SQL Server, Windows Server and Xbox 360.* In the past 12 months, Microsoft;s headcount grew 14 percent.In Microsoft;s 10-Q filing with the SEC, the enterprise provided a lot more specifics on how it plans to minimize employee-related expenses:“The net headcount in these functions is expected to decline by 2,000 to 3,Office Pro Plus 2010,000 more than the next 18 months. Merit increases will be eliminated for employees in fiscal year 2010. Operating expenses will be reduced by cutting travel expenditures, reducing spending on vendors and contingent staff, reducing marketing spending, and scaling back capital expenditures. These initiatives will reduce our annual operating expense run rate by approximately $1.5 billion. These plans are being finalized, and the costs of implementation and employee severance will be included in our third quarter results of operations”
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