Bonum Certa Men Certa

More Microsoft Staff Quits, Microsoft Shares Fall, Pequot Fraud Revisited (Whistleblower Compensated)

Whistle



Summary: Bad news for Microsoft, ranging from the departure of Rebecca Norlander to a collapse in value and the reminder of further layoffs/offshoring

THIS news is indirectly related to the death of KIN. It helps show just how vulnerable Microsoft really is.



Now that Allard is out [1, 2, 3] his wife is leaving too. She was the online-ads leader, according to the boosters:

Rebecca Norlander, a partner engineering manager with Microsoft's online advertising business, has left the company along with her husband, former Xbox guru J Allard.


Mary Jo Foley wrote about this too:

When I spoke last month with Rebecca Norlander — a high-profile Microsoft exec who had done stints in a variety of business units — she was evaluating her next move inside the company.

[...]

Just before resigning, Norlander was talking about new job possibilities with the Entertainment and Devices unit, among others divisions at Microsoft, she said. She also was having conversations with the SQL Server and Windows teams about potential opportunities.


Only about 3-5 days ago we have been in E-mail contact with a Microsoft veteran (almost 30 years) who was friends with J Allard and Bill Gates. He struggled to explain to us Allard's departure, which some say was a sacking, not a quitting.

Microsoft has lost many executives recently. The leadership is weak and Microsoft implodes from within. "100 Index Posts Record Losing Streak as Microsoft Slumps," said BusinessWeek some days ago:

The measure, which gets 63 percent of its value from computer-related companies such as Microsoft Corp. and Apple Inc., has declined 9.7 percent after slumping 10 consecutive days. Microsoft has tumbled 26 percent since peaking on April 22, while Apple has fallen 9.9 percent in two weeks.


Now is a bad time to be a Microsoft investor, unless one has inside information from Microsoft. Pequot Capital criminally got that privilege [1, 2], which allowed it to fraudulently make money from Microsoft's stock. The SEC's incompetence is now costing people a fortune and one employee gets compensated for an unjust firing. It's a Pequot whistleblower.



From Murdoch's press:

In May, after new information surfaced in a divorce case, Pequot founder Arthur Samberg agreed, without admitting or denying wrongdoing, to pay $28 million to settle allegations he engaged in insider trading of Microsoft stock.


More here:

Last month Pequot, which abruptly went out of business in 2009, agreed to pay $28 million to settle regulators claims that it illegally used inside information to trade Microsoft Corp shares.


It's a sign of rotten systems. Watch how they penalise those who seek justice:

The U.S. Securities and Exchange Commission will pay $755,000 to a former enforcement attorney who said the agency unjustly fired him after he tried to investigate insider-trading allegations involving former Morgan Stanley Chief Executive Officer John Mack.


Speaking of whistleblowers, Microsoft fired a whistleblower for saying the truth and bribed another fired whistleblower to drop allegations of Microsoft fraud. Microsoft is a corrupt company, so it's only its nature to operate in this way. Eric Savitz, one of the key boosters of Microsoft's stock, is still sticking with the same agenda. It would be interesting to know if he has had shares in Microsoft (MSFT).

For those who do not know, Microsoft's divisions are suffering at many levels; allegedly, they still quietly lay employees off (without disclosure). The "KIN" team would be one obvious area.

"Microsoft and Honda executives dole out advice on cutting jobs," says this news headline from the Telegraph. Microsoft must be the expert, having dealt with many larger-scale layoffs recently.

Gordon Frazer, managing director of Microsoft, said: "With hindsight, people understood what was going on long before we made any announcement. The sooner you can tell them 'this is how it is going to affect you and your job', the better."


Microsoft does not have to publicly announce layoffs (not even to shareholders) if the process is slow and gradual and if the jobs are moved to cheaper places, as we shall show later.

Comments

Recent Techrights' Posts

Linux Foundation is a Mediator for Microsoft et al, Not for Small Companies That Support Rather Than Attack the GPL
Many people still wrongly assume that because it is called "Linux Foundation", then it is pro-Linux and represents the same mindset
This Past Friday, Confirming What We Said All Along About Brett Wilson LLP: It's Shrinking, Has Considerable Debt, Loss of Net Assets Despite the Microsoft SLAPP Money
The documents only became publicly available less than 2 days ago
There Was Always Too Much 'Crazy Stuff' Going on Around Freenode
What many IRC users lost sight of
Exposing Crime is Not a Crime (It Never Was)
In the eyes of rich and powerful people, those who speak about their crimes are the "criminals"
 
Links 08/06/2025: Tiananmen Carnage Censorship Persists, North Korean Goes Offline
Links for the day
Gemini Links 08/06/2025: Love as an Ethnographic Method and Monitorix Gemini-Frontend v0.1
Links for the day
Links 08/06/2025: Exposure of More GAFAM Surveillance and Social Security Records Compromised
Links for the day
Some of the Many Reasons We Sued Microsofters for Harassment
perpetrators of harassment
For 20 Years Many People Were Sharecropping for Canonical's Oligarch, Now He's Deleting All Their Contributions
"Ubuntu has erased instead of archiving the trove of material at Ubuntu Forums"
GNU/Linux Distros Abandoning Microsoft GitHub
Will curl be next to leave Microsoft GitHub?
Expect More XBox Mass Layoffs Soon If the Rumours Are True
From a Microsoft media operative
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Saturday, June 07, 2025
IRC logs for Saturday, June 07, 2025
Europe Needs to Move Away From GAFAM; The Sooner, the Better
Europe - not just the EU - must abandon GAFAM as soon as possible
The Issue Isn't GNOME's Promotion of Diversity But GNOME Corruption, Abuse, Censorship, and Worse
So-called "Conservative" (republican, pro-Trump, bigoted) people want you to think the problem with GNOME is politics
When the News Sources Become Scarce and Increasingly Full of Polluted/Contaminated 'Content' (With LLM Slop and Slop Images)
Integrity matters
"Linux" Sites That Spew Out LLM Slop
We're lacking enough material for another "Slopwatch"
Abuse Inside the Polish Patent Office (UPRP) - Part V: Breaking the Law, Just Like EPO
We'll hopefully cover some of the pertinent details later this year
Links 08/06/2025: Security Lapses, CISA Cuts, and More
Links for the day
Gemini Links 07/06/2025: Mime Types and Geminisphere Introduction
Links for the day
Links 07/06/2025: Slop Companies Retain All Private Data, More Books Banned in the US
Links for the day
Gemini Links 07/06/2025: "A Monk's Guide to Happiness" and "Wireless Earbuds"
Links for the day
Links 07/06/2025: More Rumours of Mass Layoffs in Microsoft's XBox Division, New COVID Variant
Links for the day
Drug Addiction is a Real Problem, It Destroys Families
a rather sensitive matter
Abuse Inside the Polish Patent Office (UPRP) - Part IV: Political Scrutiny and Errors/Inconsistencies in Official Documents
When such organisations receive scrutiny they start focusing on cover-up and muzzling of facts (or crushing people who say the truth)
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Friday, June 06, 2025
IRC logs for Friday, June 06, 2025
Slopwatch: LinuxTechLab, Planet Ubuntu, Anti-Linux FUD, and Microsoft SPAM
It's not easy to altogether avoid take articles these days
Gemini Links 06/06/2025: "MBA Tear" and Slop ('AI') as Plagiarism
Links for the day
Links 06/06/2025: "Convicted Felon and MElon Trade Insults" and Europe Snubbed by US Again
Links for the day
Links 06/06/2025: Microsoft XBox Bracing For More Mass Layoffs, Climate Disaster, Fake 'Money' Tokens From US President
Links for the day
Gemini Links 06/06/2025: Vanishing Cultures and MElon Implosion
Links for the day
Extortion is a Crime, Even If You're Based in Another Continent and Work for Microsoft
reported to British authorities
We're in 6/6 Now, Almost Halfway in 2025
2025 was probably the best year for us
South Americans Are Saying Goodbye to Microsoft
We're hardly even "Cherry-Picking" or conveniently singling out one South American nation
Abuse Inside the Polish Patent Office (UPRP) - Part III: Data Protection Failures, Just Like at the European Patent Office (EPO)
Just less than a decade ago we showed that the EPO had illegally shared staff data with third parties
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Thursday, June 05, 2025
IRC logs for Thursday, June 05, 2025