● 06.30.09

●● Microsoft to Cut Another 2,000+ Jobs

Posted in Finance, Microsoft at 2:26 am by Dr. Roy Schestowitz

Summary: Microsoft carries on shrinking while it’s borrowing money

When it comes to Razorfish, Microsoft has already been laying off employees. Rumours about sale of the whole unit have circulated for a while, with evidence that Razorfish was quietly using GNU/Linux. It is now more or less confirmed that Microsoft is to shed off another 2,000+ employees, according to reports.

has already

laying off employees

about sale of the whole unit

circulated

for a while

evidence that Razorfish was quietly using GNU/Linux

↺ reports

> Microsoft has hired Morgan Stanley to find a potential buyer for its Internet ad agency Razorfish, according to the Financial Times. The report indicates that Publicis Groupe, a French marketing company, as well as other agency groups, such as Omnicom and WPP, could be potential buyers for the company valued somewhere between $600 million and $700 million.

It is not yet known who will become a buyer.

↺ not yet known

> Now, the software giant is formally moving ahead with the plan, hiring Morgan Stanley to help find a buyer.

More coverage can be found in:

Microsoft Looking for Razorfish BiddersRazorfish Deemed Poor Fit for MicrosoftRazorfish put up for sale by MicrosoftMicrosoft Reportedly Seeks Buyer For RazorfishReport: Microsoft to Sell Razorfish Ad AgencyMicrosoft to sell Razorfish; Publicis Groupe possible bidderMicrosoft Shops Web Agency To Advertising Holding FirmsReport: Microsoft looks to sell RazorfishMicrosoft could be selling RazorfishMicrosoft to offload digital ads agency?Publicis: No Comment On Reports It’s A Bidder For RazorfishMicrosoft reportedly to put Razorfish up for sale

Microsoft could really use some extra cash now that it's borrowing money. The bottom line is that Microsoft carries on shrinking. █

now that it's borrowing money

Microsoft carries on shrinking

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