Is this a sign that Microsoft didn’t do as well as they thought they were going to this past year?

Rumors about substantial cutbacks at Microsoft have been circulating for at least two months, but have not been confirmed by credible sources. The rumors were reignited by Fudzilla, which claims that the axe will fall on January 15 and affect about 15,000 employees.

Such a cutback would translate into a 17% reduction Microsoft’s global workforce of 90,000 people. Fudzilla’s sources indicate that MSN will take the brunt of the layoffs and the company’s EMEA region will be hit harder than any other geography.

Maybe promoting a crappy operating system and web browser had something to do with it?

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