Year 2008 might be over, but the world economy crisis is still strong and demonstration for that is the latest rumor reported today by DailyTech. According to them Microsoft, the largest software maker and the most profitable company in the technology industry, may layoff 15,000 people from its 90,000 workforce, or nearly 17 percent of Microsoft's worldwide operations. The report continues to claim that Microsoft's MSN search unit and other struggling business units are the most threatened with extinction. Microsoft workers in the Xbox 360 and other profitable departments will be safe from these job cuts. CNET News quotes industry veteran Henry Blodget suggesting another reason that may hide behind this eventual workforce reduction:
"The only way we could see Microsoft laying off this many people is if the company decided to eliminate business units. And if Microsoft did decide to restructure its business, it would likely sell rather than shut down divisions, including MSN."
Continue reading the full story here.