Microsoft Corp. (MSFT) job cuts in pipeline sets a cautious tone for software sector

The software major, Microsoft Corp. (NASDAQ: MSFT) has already sent first signals of warning in software sector.

It has announced its decision to snap 800 more jobs in days ahead, indicating the tough times which could still be ahead for Microsoft Corp. (MSFT).

Apart from Microsoft Corp. (MSFT) stock, even some other software stocks whose Q3 results may have surpassed the analysts' expectations, may remain sluggish on Thursday.