Microsoft Seeks to Recoup Overpaid SeveranceAuthored by Mark Hefflinger on February 23, 2009 - 9:56am.
Redmond, Wash. - A month after laying off 1,400 employees,
software giant Microsoft (NASD: MSFT) now says that it paid at least some of those workers
too much severance, and is requesting that money back.
According to TechCrunch, the company has sent a letter to an untold number of those former employees blaming the mistake on an administrative error. The letter reads, "We ask that you repay the overpayment and sincerely apologize to any inconvenience to you." Last month's job cuts marked Microsoft's first major force reduction in its 34-year history. The company -- which has local offices in DC, Reston and Richmond -- plans to cut as many as 5,000 jobs by June 2010.
Related Links: |
Upcoming DMW Events
December 8, 2009 | Santa Monica, CA www.lafilmconference.com
January 8, 2010 | Las Vegas, NV www.digitalmediainsider.com
Feb. 24-25, 2010 | New York, NY www.digitalmusicforum.com Events Calendar Submit a Speaker To receive event updates & announcements:
Recent comments
NavigationUser loginAds |
Daily Newsletter and NetworkingLatest Top Stories
DMW Widget - Grab it and embed!Latest Briefly Noted
PollOther Ads |
Comments
Still Honorable and Professional compared to Crooks at CrApple
Talk about rubbing salt in a wound
Post new comment