Microsoft's online ad agency Razorfish laid off 40 staff in its New York office this afternoon, citing a dropoff in business from the financial services sector.
That rumoured hiring freeze makes a lot more sense now [1, 2]. ⬆
Comments
Rui Miguel Silva Seabra
2008-11-01 11:21:31
In Portugal, they've stopped advertisement on the newspaper bag of the biggest weekly edition, Expresso.
At first I thought it was a "summer" thing, but now we're in November and still no Microsoft Ad.
Even the HP ad on the other side of the bag doesn't even mention Windows anymore :)
I was saying that either in 2008 or 2009 they'd file for Chapter 11. Now I don't think it'll happen in 2008 (unless it is all of a sudden), but it increasingly looks like it will happen.
Rui Miguel Silva Seabra
2008-11-01 11:22:20
Oh, and the Microsoft ad was replaced by a soy beverage ad :)
Roy Schestowitz
2008-11-01 11:33:40
I'll drink to that.
Needs Sunlight
2008-11-01 14:55:30
Again, what's going to happen when these show up in a real business and get mistaken by HR for IT workers? They have no skills and come directly from a highly toxic work culture. Most of them don't even know the right names for technologies or have an awareness of the right tools or even the right design methods. What place in society do they have?
It's like when the messy neighbor sets of a roach bomb instead of cleaning house. All the cockroaches move into the clean apartments and cause extra work for those that kept things clean all along.
Taking on even one MSFTer can be enough to sink smaller departments.
Jonathan HR dude
2008-11-01 16:04:43
Here's some advice to those out of work. Here's 3 new job sites just added to the About.com top 10 job site list -
www.linkedin.com (professional networking)
www.indeed.com (aggregated job listings)
www.realmatch.com (matches you to the perfect job)
Good luck to all those searching for jobs.
Roy Schestowitz
2008-11-03 08:13:13
I've just received the following message in response to my message "Layoff at Microsoft".
"Thats true. In MS.Live group it [the layoffs] already started. In this time, May GOD saves contractors or also may GOD saves from indian companies lobby/politics like infosys, wipro, tata etc."
Rewards and compensation for staff have long fallen, resulting in many experienced colleagues leaving and causing further declines in quality and compliance
Comments
Rui Miguel Silva Seabra
2008-11-01 11:21:31
At first I thought it was a "summer" thing, but now we're in November and still no Microsoft Ad.
Even the HP ad on the other side of the bag doesn't even mention Windows anymore :)
I was saying that either in 2008 or 2009 they'd file for Chapter 11. Now I don't think it'll happen in 2008 (unless it is all of a sudden), but it increasingly looks like it will happen.
Rui Miguel Silva Seabra
2008-11-01 11:22:20
Roy Schestowitz
2008-11-01 11:33:40
Needs Sunlight
2008-11-01 14:55:30
It's like when the messy neighbor sets of a roach bomb instead of cleaning house. All the cockroaches move into the clean apartments and cause extra work for those that kept things clean all along.
Taking on even one MSFTer can be enough to sink smaller departments.
Jonathan HR dude
2008-11-01 16:04:43
www.linkedin.com (professional networking) www.indeed.com (aggregated job listings) www.realmatch.com (matches you to the perfect job)
Good luck to all those searching for jobs.
Roy Schestowitz
2008-11-03 08:13:13
"Thats true. In MS.Live group it [the layoffs] already started. In this time, May GOD saves contractors or also may GOD saves from indian companies lobby/politics like infosys, wipro, tata etc."