Microsoft will lay off 15000 employees

Latest news I watch today, Microsoft will lay off 15000 employees worldwide. It will be consider a Big "Present" to the employee with the new start of Year 2009. 17% of the lay off will be impacted to the MSN team as the source told. Personal point of view, it had been cash, stock price as well as revenue issue with Microsoft and force to make such a decision at this time could drive the situation in US to be worst.