That probably explains the company's move to stop accepting credit cards for its resellers’ purchase of Dynamics products as of November 1. It seems likely that the move stemmed from a desire to save the merchant fee applied to all those purchases. Since the results for the first quarter ended September 30 showed a more than $2 billion decline in revenue and $800 million drop in earnings, everyone has probably been ordered to save. It could be an extremely frugal Convergence users' conference this spring.
Estimated reading time: 0 minutes, 35 seconds
MICROSOFT TO CUT 800 JOBS
It's not that many but it shows that Microsoft is still tightening its wallet as the company announced plans to cut 500 positions, which is in addition to the 5,000 it said it planned to eliminate
by next year.
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