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Microsoft Denies Hiring Freeze (Update)

in News on October 3, 2008 at 5:17 pm PT

IDG News Service is reporting this afternoon that Microsoft (MSFT) has instituted a hiring freeze, apparently in response to the deteriorating economy. According to IDG, the company started notifying employees of the freeze today. The company has 91,000 employees worldwide, including 54,000 in the U.S.