Microsoft expected to announce layoffs

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FS Owner
Ina Fried: In past downturns, Microsoft has been able to manage to trim around the edges and avoid large, widespread layoffs. But, as Steve Ballmer made clear in an interview with me last week, this is no ordinary downturn.

"The fact of the matter is, this is not a downturn, this is a bit of a reset," he said. "Those are quite different and we're trying to really suss through what we think that means for us."

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