Microsoft plans to lay off 5,000

Microsoft Corp is pulling the trigger on thousands of the 5,000 job cuts it announced in January.

When Microsoft announced its first-ever companywide layoffs,the software maker cut 1,400 of the jobs it said it would slash,with the rest coming over an 18-month period.

Now after making cuts that were disclosed on Tuesday,the software maker says it will be almost finished with the 5,000 layoffs.

Microsoft says the affected workers are split between the US and other countries. They will be given severance packages,and the software maker expects some will be rehired as part of the 2,000 to 3,000 new jobs Microsoft is creating between now and the middle of 2010.

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In Odisha, Modi mounts ‘loot tantra-vs-bachat utsav’ attack on Congress over GST

India5 hr ago

Prime Minister Narendra Modi Saturday hailed the revised Goods and Services Tax (GST) structures, saying the era of “double bachat (saving) and double kamai (income)” has arrived under the Bharatiya Janata Party rule. Addressing the ' Namo Yuva Samabesh' in Jharsuguda, Modi accused the Congress of indulging in “loot tantra (tactics)” while in power.

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