Microsoft mostly done with job cuts, declines comments on SAP rumors

Microsoft (MSFT) CEO Steve Ballmer said job cuts at the software giant are almost finished. In some areas, the company is actually hiring.

Ballmer was speaking at a news conference in Mumbai today. He would not comment on interest in buying German company SAP (SAP), according to a Bloomberg News story.

There is speculation that Microsoft would want to buy SAP becasue its business-management software competes with Oracle (ORCL). SAP is the second largest enterprise software company in the world and would help Microsoft sell more software to businesses and governments, DailyFinance's Douglas McIntyre wrote earlier today.