REDMOND, Wash., May 6 (UPI) -- U.S. software giant Microsoft Corp. warned employees that further job cuts could be in the works, depending on the company's financial fortunes.
"As we move forward, we will continue to closely monitor the impact of the economic downturn on the company and, if necessary, take further actions on our cost structure, including additional job eliminations," Chief Executive Officer Steve Ballmer said in a memo to Microsoft personnel Tuesday.