Microsoft cutting up to 10,000 jobs?

[Comrade Tovya]

Serious_frusting said:
Microsoft bleeding confirmed. Expect to see no xbox price drops for some time, heck they might even be considering a price hike in the spring when sales die down as it is no longer profitable to sell 360's so cheap in the non- holiday months

 

Confirmed where?  Do you have a link to confirm this?  Or a source or anything?