Microsoft makes unspecified number of job cuts

Advertisement
By Agence France-Presse | Updated: 13 July 2012 10:56 IST
Microsoft said Thursday it was cutting an unspecified number of jobs in marketing and advertising as part of a move to "align" its operations to key priorities.

The tech giant gave no specific numbers or details, but the move came after it announced a writedown of $6.2 billion in its online operations.

"I can confirm that there were job eliminations today at Microsoft," a spokesman said in a statement.

Advertisement

"Like any company, Microsoft continually evaluates its operations and works to align the business to key priorities. I can assure you we're thinking about the exciting new opportunities that Windows 8, Xbox and Skype present for our advertising and marketing partners."

Microsoft, which is releasing its Windows 8 operating system in October, said last week it would take the massive writedown related to the 2007 acquisition of aQuantive, a digital advertising firm aimed at helping Microsoft compete against Google and others.

Advertisement

The charge, to be reflected in the company's upcoming earnings report, is required under accounting rules to reflect a lower value or so-called "goodwill impairment."

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: Microsoft, Skype, Windows 8, Xbox
Advertisement

Related Stories

Popular Mobile Brands
  1. Honor Earbuds 4 With Up to 46 Hours of Total Battery Life Debut Globally
  2. Vivo Confirms Upcoming Phone With Massive 10,200mAh Battery
  3. Apple Could Bring These Major Camera Upgrades to Future iPhone Models
  4. Motorola Razr 70 Ultra Could Arrive in These Colour Options
  1. Assassin's Creed Black Flag Resynced Pricing Leaked Ahead of Official Reveal
  2. Honor Earbuds 4 Launched Globally With Active Noise Cancellation, Up to 46 Hours of Total Battery Life
  3. Motorola Razr 70 Ultra Design, Colour Options Spotted in Leaked Renders and Promotional Image
  4. UK’s FCA Raids Multiple Sites Suspected of Illegal P2P Crypto Operations
  5. Honor Win H7, Win H9 Launched With Up to Intel Core 9 Ultra HX CPU: Price, Specifications
  6. WhatsApp Launches Prepaid Mobile Recharges for Users in India: How to Recharge Your Mobile Number
  7. Samsung Details Switchable 2D/3D Display Technology That Could Come to Future Galaxy Phones
  8. Crimson Desert Gets Difficulty Settings, Graphical Upgrades and Inventory Improvements in Latest Patch
  9. Spider-Noir OTT Release Date: When and Where to Watch Nicolas Cage Starrer
  10. Alpha: Men Love Vengeance OTT Release, Cast, Plot & Where to Watch on Amazon Prime Video
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.