Microsoft says research budget may create new jobs

From CNET News.com: Microsoft may create up to 3,000 jobs as it raises investment in research and development by $1 billion this year, its chief operating officer said Tuesday.

"Realignment of the company will help us reassign people and could allow us to create some 2,000 to 3,000 new jobs," Kevin Turner said here at CeBit, Europe's biggest technology trade fair.

Turner said while Microsoft was eliminating jobs in some areas, new opportunities would arise at the same time. He reiterated that Microsoft, under pressure to trim costs amid a global recession, would stick to its research budget this year.

"We will invest a record $9 billion in R&D...spend a billion more than last year," Turner said, adding Internet-based applications--so called cloud computing--would be a major field for Microsoft's investment.

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