Bonum Certa Men Certa

Fudzilla: Microsoft to Fire 15,000 Employees in Two Weeks

The year 2009



Microsoft will probably be going into debt [1, 2, 3, 4, 5] more quickly than first anticipated, according to this new report from a pro-Microsoft financial Web site.

Microsoft May Accelerate Buybacks



[...]

Given the recent weakness in Microsoft's stock, we have assumed the company will likely accelerate its pace of buyback from the September quarter of $6.6 billion to roughly $8 billion for the next several quarters, resulting in a net reduction in fully diluted shares outstanding of 300 million per quarter.


Cutbacks are necessary. We wrote about layoffs recently, so we append related links at the bottom of this post. But whereas the big news is continued discussion about Microsoft's need to lay workers off, the bigger news, which is announced with confidence by a high-profile Web site, is that Microsoft will be axing far more than speculations first suggested.

The rumor that Microsoft was set to lay off people on January 15th, 2009 is no longer a rumor but a fact. Staff at Microsoft have been informed that the company is readying major layoffs to its worldwide operations and it's not a small cut, either.

Currently Microsoft employs about 90,000 people across the world and from what we're hearing, some 15,000 of those are expected to be giving marching orders come January 15th. That's almost 17 percent of Microsoft's total work force, not exactly a small number.


We prefer not to comment on layoffs, but expressed a point of view some days ago. _____
  1. Quick Mention: Layoffs at Microsoft Begin
  2. Microsoft (MSFT) Sank to $18.74 Before Rebounding
  3. Microsoft Layoffs Actually Began Years Ago, More Likely to Come
  4. Eye on Microsoft: Feeling the Pinch Again
  5. Microsoft Chief Technical Officer Quits, Replacement Made for Another Quitting CEO, Operations Head Bumped
  6. Quick Mention: More Layoffs at Microsoft
  7. Microsoft Layoffs Worse Than Initially Reported
  8. Microsoft Under the Scalpel
  9. Rumours: More Microsoft Layoffs Next Month
  10. On Being Rich... On Paper
  11. We Live in Interesting Times

Comments

Recent Techrights' Posts

The Latest Wave of Microsoft Crime, Bribes, and Fraud
Microsoft is still an evil, highly corrupt company
Links 19/04/2024: Running a V Rising Dedicated Server on GNU/Linux and More Post-"AI" Hype Eulogies
Links for the day
[Video] Novell and Microsoft 45 Years Later
what happened in 2006 when Novell's Ron Hovsepian (who had come from IBM) sealed the company's sad fate by taking the advice of Microsoft moles
EPO “Technical” Meetings Are Not Technical Anymore, It's Just Corrupt Officials Destroying the Patent Office, Piecewise (While Breaking the Law to Increase Profits)
Another pillar of the EPO is being knocked down
Sven Luther, Lucy Wayland & Debian's toxic culture
Reprinted with permission from disguised.work
 
Matthew Garrett, Cambridge & Debian: female colleague was afraid
Reprinted with permission from disguised.work
David Graeber, village wives & Debian Outreachy internships
Reprinted with permission from disguised.work
Neil McGovern & Ruby Central part ways
Reprinted with permission from disguised.work
Links 20/04/2024: Chinese Diplomacy and 'Dangerous New Course on BGP Security'
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Friday, April 19, 2024
IRC logs for Friday, April 19, 2024
Gemini Links 19/04/2024: Kolibri OS and OpenBSD
Links for the day
[Meme] EPO “Technical” Meetings
an institution full of despots who commit or enable illegalities
Red Hat Communicates the World Via Microsoft Proprietary Spyware
Red Hat believes in choice: Microsoft... or Microsoft.
Chris Rutter, ARM Ltd IPO, Winchester College & Debian
Reprinted with permission from disguised.work
[Video] Microsoft Got Its Systems Cracked (Breached) Again, This Time by Russia, and It Uses Its Moles in the Press and So-called 'Linux' Foundation to Change the Subject
If they control the narrative (or buy the narrative), they can do anything
Links 19/04/2024: Israel Fires Back at Iran and Many Layoffs in the US
Links for the day
Russell Coker & Debian: September 11 Islamist sympathy
Reprinted with permission from disguised.work
Sven Luther, Thomas Bushnell & Debian's September 11 discussion
Reprinted with permission from disguised.work
G.A.I./Hey Hi (AI) Bubble Bursting With More Mass Layoffs
it's happening already
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Thursday, April 18, 2024
IRC logs for Thursday, April 18, 2024
Coroner's Report: Lucy Wayland & Debian Abuse Culture
Reprinted with permission from disguised.work
Links 18/04/2024: Misuse of COVID Stimulus Money, Governments Buying Your Data
Links for the day
Gemini Links 18/04/2024: GemText Pain and Web 1.0
Links for the day
Gemini Links 18/04/2024: Google Layoffs Again, ByteDance Scandals Return
Links for the day
Gemini Links 18/04/2024: Trying OpenBSD and War on Links Continues
Links for the day
IRC Proceedings: Wednesday, April 17, 2024
IRC logs for Wednesday, April 17, 2024
Over at Tux Machines...
GNU/Linux news for the past day