Microsoft Cuts Staff at FAST Search Division
Xconomy received a report last week that the Oslo, Norway-based FAST Search division of Microsoft, which has a 180-person outpost in Needham, MA, and a smaller office in New York, had laid off 25 people in its U.S. offices.
We have now confirmed that report, and have learned that 10 of the affected staff members were employed at FAST’s Needham office. The balance, presumably, were with the New York office.
Microsoft acquired FAST in January, 2008 for $1.23 billion, after deciding not to buy Cambridge, MA-based seach firm Endeca. The acquisition was seen as part of a Microsoft strategy to round out its offerings in enterprise search—software used by companies to help customers search product websites or to help employees navigate internal sites.
We have updated our Boston Tech Layoff Tracker accordingly.
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