Microsoft to cut up to 5,000 jobs

Updated: 22:53, Thursday, 22 January 2009

Microsoft is to cut up to 5,000 jobs over the next 18 months - including 1,400 immediately.

1 of 1Microsoft - Impact on Ireland to be 'very minor'
Microsoft - Impact on Ireland to be 'very minor'

Microsoft is to cut up to 5,000 jobs over the next 18 months - including 1,400 immediately - due to a slowing economy and weak spending on technology.

Microsoft employs 1,200 people at its European Operations and Development Centre in Sandyford in Dublin, but a spokesperson said the cuts would have only 'a very minor impact' in Ireland.

It is understood that the exact number of jobs to go at Microsoft's Dublin offices is 17.

The news came as Microsoft reported that its profit fell by 11% in the second quarter of its financial year compared with a year earlier.

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