<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/797aeea4-8037-40e0-80cb-dccc0157a224/C7A43359-5D37-432B-90A8-D39D14399B92/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.nytimes.com/2009/01/23/technology/companies/23soft.html?_r=1&8au&emc=au" href="http://www.nytimes.com/2009/01/23/technology/companies/23soft.html?_r=1&8au&emc=au" style="font-size: 11px;">www.nytimes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/01/23/technology/companies/23soft.html?_r=1&8au&emc=au"><NYT_HEADLINE type=" " version="1.0"> Decline in PC Orders Leads to Microsoft Layoffs </NYT_HEADLINE></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/01/23/technology/companies/23soft.html?_r=1&8au&emc=au"><div align="center"><img src="http://content7.clipmarks.com/blog_cache/www.nytimes.com/img/312FD655-9D3E-4948-9329-93644F3A03EC" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/01/23/technology/companies/23soft.html?_r=1&8au&emc=au"><P>MOUNTAIN VIEW, Calif. — Spooked by a rapid decline in orders for personal computers, <A title="More information about Microsoft Corp" href="http://topics.nytimes.com/top/news/business/companies/microsoft_corporation/index.html?inline=nyt-org">Microsoft</A>, the world’s largest software company, initiated the first broad layoffs in the company’s history on Thursday and warned of waning technology spending in the months and even years to come.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/01/23/technology/companies/23soft.html?_r=1&8au&emc=au"><H2><A href="http://bits.blogs.nytimes.com/2009/01/22/ballmer-still-interested-in-yahoos-search-business/">Bits: Ballmer Still Interested in Yahoo’s Search Business</A></H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/01/23/technology/companies/23soft.html?_r=1&8au&emc=au">Microsoft, based in Redmond, Wash., plans to lay off 5,000 of its 94,000 employees over the next 18 months, including 1,400 people on Thursday. The company disclosed the cuts as it released second-quarter results, which reflected an 11 percent drop in net income, to $4.17 billion, from $4.71 billion in the period a year ago. A sharp drop in sales of its Windows operating system that took hold in December led to the lackluster results, which missed analysts’ expectations. </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/01/23/technology/companies/23soft.html?_r=1&8au&emc=au">Revenue for the quarter rose 2 percent, to $16.63 billion. Earnings of 47 cents in the quarter </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/01/23/technology/companies/23soft.html?_r=1&8au&emc=au">missed the forecast </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/01/23/technology/companies/23soft.html?_r=1&8au&emc=au">from Thomson</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/01/23/technology/companies/23soft.html?_r=1&8au&emc=au">Reuters by 2</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/C7A43359-5D37-432B-90A8-D39D14399B92/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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