www.EmploymentCrossing.com Microsoft plans to cut its workforce by 10 percent, or about 9100 employees, in order to increase the markets’ confidence in the company. The move is hoped to show that profits are more important than revenue growth in the current times. The software giant had close to 91000 employees on its payrolls at the end of July-September quarter. In October, Microsoft placed hiring freezes on some of its divisions, such as entertainment and devices businesses that make products like X-Box and Zune. For more information click here

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