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Microsoft Cuts Construction, Yahoo Cuts Jobs

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It looks like Microsoft will be halting construction of new buildings around its Redmond headquarters. According to SeattlePI.com, an internal powerpoint presentation outlines plans. Joseph Tartakoff

Doesn't sound very promising for the next two and a half years does it? Microsoft is expected to announce these changes when it reports second quarter earnings Thursday.

There had been
according to Paid Content. This looks to consist mostly of engineers. "This is bittersweet as it was only in September that Yahoo made a song and dance about opening an R&D facility in the latter, an Alps town, at a lavish ceremony involving French government ministers," writes Paid Content's Robert Andrews.

The company is also reportedly getting rid of

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