My last official day as a contractor with Microsoft was yesterday, January 21st. This morning Microsoft Corp. said it is cutting 5,000 jobs over the next 18 months and 1400 of those this month due to their low earnings report. The report was released today with an 11 percent drop in second-quarter profits and due to the news their stock is off 8% this morning – I don’t even look these days at the actual numbers in my portfolio, I’m just riding out the wave. Looks like there will be another 1400 people looking at the job boards… not a pretty picture.
