Microsoft denies companywide hiring freeze

C|Net | at | by Mike

Microsoft on Friday said it is reviewing its hiring plans amid the economic uncertainty, but denied a report that it has instituted a companywide hiring freeze.

IDG News Service reported Friday that Microsoft had instituted a hiring freeze, citing a source who had seen a company memo. A source close to the company said that report is not correct, but said Microsoft did send out guidance this week that it plans to tighten up hiring amid signs of a weakening economy. The company still expects to add jobs overall, however.