Brokerage Firm Asks Microsoft to Fire Over 9,000 Employees
- Dr. Roy Schestowitz
- 2008-12-28 21:26:56 UTC
- Modified: 2008-12-28 21:26:56 UTC
"Today many people are switching to free software for purely practical reasons. That is good, as far as it goes, but that isn't all we need to do! Attracting users to free software is not the whole job, just the first step."
--Richard Stallman
THERE IS NOTHING joyful about layoffs, but Microsoft caused so many companies to lay people off, usually by
committing crimes, for which they paid relatively minuscule fines. Therefore we feel comfortable enough to show that Microsoft will likely sip
its own poison of endless greed while it approaches debt (assuming it's not already in it [
1,
2,
3,
4,
5]). From the Financial Express:
New York: The world's top software firm Microsoft has been asked to cut its workforce by 10 per cent, or about 9,100 employees, to tell the market that profits are more important than revenue growth in difficult times.
Brokerage firm Oppenheimer & Co's analyst Brad Reback has said in a report on Microsoft that such layoff exercise "would be a healthy move for the company."
For a company that "savors" the destruction of other companies -- to borrow
the words of James Plamondon -- this might not be sob story. There is always cheaper labour (
Abramoff Visas) and
government connections to serve as a last resort.
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Comments
pcolon
2008-12-28 22:57:49
10% cut from mid-execs, 25% from upper execs and no exec bonuses. If you're not making revenue why the need for bonuses.
Roy Schestowitz
2008-12-28 23:05:14
pcolon
2008-12-28 23:18:36
Earlier, last year, we had downsizing; now our group, which is down to 5 from 17, have 9 equal ranking managers giving us projects all at the same time. Mostly meetings and very little time for implementation.
pcolon
2008-12-28 23:20:00
G. Michaels
2008-12-28 23:24:21
Many? As in how many, as a proportion of the total number of executives at a certain level? Can you clarify?
Or is this the same kind of desperate exaggeration you enjoy so much (and employ so cleverly) where a subsidiary of a subsidiary lets go 17 employees and you start posting LAYOFFS AT MICROSOFT HAHAHA every other day?
Is it? Maybe in my old age I'm starting to lose the ability to see the obvious, can you point it out for me? Kind thanks.
Note: writer of this comment adds absolutely nothing but stalking and personal attacks against readers, as documented here.
Roy Schestowitz
2008-12-28 23:27:19
That's what happens when companies -- like countries -- are run by a set or "responsible adults" (or "elites") for their selfish benefit.
twitter
2008-12-29 18:54:25
Roy Schestowitz
2008-12-29 19:12:23
WHAT!?!?
2009-05-19 23:16:22