Fox News: "The layoffs appear to be a first for Microsoft, which was founded in 1975, aside from relatively limited staff cuts the software company made after acquiring companies.
The company announced the cuts as it reported an 11 percent drop in second-quarter profit, which fell short of Wall Street's expectations. Microsoft shares plunged 7 percent in pre-market trading."
The new unit comprises over 500 developers representing the entire World of Warcraft development team.
I used to be anti-union, it kills productivity, investment and turns product mediocre. Their games suck anyways though so what was lost? Might as well get their people paid until they are dissolved.
Modders have cooked up something pretty special – a Wii console which is small enough to fit on your keys. A wee Wii.
Another studio has held layoffs, this time its Humble Games letting go of its entire QA team according to social media posts.
They will rehire cheaper labor during the restructuring. The stupid thing is that they are struggling and the first thing they do is lower the quality.
MS expect to lose 4.7B.
sony 3.4B loss.
economy is takeing its course...
Hmmmmm, I thought Sony was the one in trouble?
damn
The description is wrong. MS's profit slipped TO $4.17 billion FROM $4.71 billion. They still made a profit, just less than last year and less than the were expecting.
Still not good news.
All corporations are feeling the pinch, except when it's Sony then the Xbots come out of the woodwork.