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Microsoft to Slash 5,000 Jobs, Misses on Q2 Profit

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Old 01-23-2009
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Microsoft to Slash 5,000 Jobs, Misses on Q2 Profit
Microsoft, citing deteriorating global economic conditions and lower client revenue, says it will eliminate 5,000 jobs over the next 18 months and reported an 11 percent drop in second-quarter profit.


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