You know the economy is struggling when even Microsoft is making cuts like this...

 Microsoft, the industry's unassailable juggernaut, apparently can bleed. It's laying off 5,000 workers of its 94,000-employee workforce. Rumor is, mostly from the amazing Entertainment and Devices teams.

 

If the rumor is true, that pisses me off. The E&D team, home to Xbox and Zune and Media Center might not be wildly profitable, but its the division at Microsoft that makes the best stuff.

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http://i.gizmodo.com/5137045/microsoft-laying-off-5000-rumored-mostly-from-entertainment-and-devices