Hiring levels still high, but slowing at Microsoft
Seattle PI | at | by Mike
It would have been tough for Microsoft to repeat the record hiring of its 2006 fiscal year, and the company acknowledged Thursday that, in fact, it didn't.
But the 10 percent headcount growth in Microsoft's recently completed fiscal year was still more than the company was experiencing a few years ago. And state officials had already been assuming a slowdown from last year's torrid pace for purposes of economic forecasts.
The trend could also be good for Microsoft's financial situation in the long run. The news came on the same day that Google cited expenses from larger-than-expected hiring as one reason for missing Wall Street's profit expectations.