Microsoft plans to cut another $1 billion in costs

Microsoft has advised Wall Street that its 2009 operating expenses are expected to come in at $26.7 billion to $26.9 billion, which is as much as $1 billion less than previous guidance, notes a story in Barrons.

Company CFO Chris Liddell mentioned the plan during the quarterly conference call, but offered no specifics on where the cuts will come. Microsoft's finances are still enviably healthy, but also fat. The company could lose a billion without having to increase the number of jobs it plans to cut in layoffs. But time will tell.

Visit the Microsoft Subnet web site for more news, blogs, podcasts. Subscribe to all Microsoft Subnet bloggers. Sign up for the bi-weekly Microsoft newsletter. (Click on News/Microsoft News Alert.)

Microsoft's quarterly earnings fall for the first timeloud computing is cheaper, greener but not yet enterprise ready.Net Services: Microsoft's key to cloud security and Java interoperabilityMS Exchange 2010 beta arrives and it's not all about the cloud5 Tactics Microsoft Is Using To Battle Linux for Cloud DominanceApril giveaways galore: Microsoft UC and Office 2007 books, free training from Global Knowledge

C

Follow Microsoft Subnet on Twitter
Join the Network World communities on Facebook and LinkedIn to comment on topics that are top of mind.
Related:

Copyright © 2009 IDG Communications, Inc.

IT Salary Survey 2021: The results are in