This recession is eating peoples bread and butter more and more day by day, and now its up to neck. In the global economic downturn, even cash rich, profitable companies are not sparing staff from layoffs. Software giant Microsoft trimmed down its India work force by one per cent last week.
The company employs 5,500 workers in India and the downsizing, part of a worldwide exercise, will impact about 55 people across the company's six-business divisions spread across Bangalore, Delhi and H...
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