Low times at high tech

Microsoft is dumping 7,800 workers from its payroll, a significant number of layoffs but not as drastic as the 18,000 jobs slashed last year.

That comes to over 25,000 getting pink slips at the company that used to define high tech in America.

Major players in the high tech field come and go. Yahoo was the big boy for a while. The company once bragged that it was capitalized more than General Motors. Now, it doesn’t even rank in the top 10.