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[News] [Rival] Microsoft Goes Beyond Big Layoffs, Cuts Down Wages, Stock Tanks

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Microsoft slashes rates for temp workers, blaming bad economy

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| Microsoft, citing the "realities of a deteriorating economy," will reduce by 
| 10 percent the amount it pays employment agencies for many of its temporary 
| workers -- and cut by 15 percent the target billing rate for future temporary 
| work.   
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http://www.techflash.com/microsoft/Microsoft_slashes_rates_for_temp_workers_blaming_bad_economy_40321577.html

Microsoft reaffirms grim outlook for year 

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| Shares of Microsoft sank 58 cents, or 3.4 percent, to $16.63 in midday 
| trading amid a broader market sell-off. 
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http://seattletimes.nwsource.com/html/localnews/2008780059_apmicrosoftanalystmeeting.html?syndication=rss

Steve Ballmer: "it's Linux! Linux!! Get him, get him!!"
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