10.07.09

Gemini version available ♊︎

Over 2,000 Microsoft Employees Lose 75% of Stock Options Value

Posted in Finance, Microsoft at 7:13 pm by Dr. Roy Schestowitz

My last cash

Summary: Benefits or luxuries no more as Microsoft shelves an advertising arm

Microsoft had not only shed off 2,000 (or more) employees a couple of months ago. It also took away their benefits.

Employees at Razorfish — the digital media agency that Microsoft is selling off to Publicis Groupe for $530 million — will lose 75 percent of their unvested stock options once the deal goes through. AdAge reports that employees of the Seattle-based agency — which was consumed by Microsoft as part of the $6 billion aQuantive deal — will get 25 percent of their options and they must stay with the newly-merged company until next June in order to collect.

At the request of one reader, we have created this page which summarises developments and news about Microsoft layoffs. █

“The people of the States now confederated…..believed that to remain longer in the Union would subject them to continuance of a disparaging discrimination, submission to which would be inconsistent with their welfare, and intolerable to a proud people. They therefore determined to sever its bounds and established a new Confederacy for themselves.”

–Jefferson Davis

Share in other sites/networks: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Reddit
  • email

Decor ᶃ Gemini Space

Below is a Web proxy. We recommend getting a Gemini client/browser.

Black/white/grey bullet button This post is also available in Gemini over at this address (requires a Gemini client/browser to open).

Decor ✐ Cross-references

Black/white/grey bullet button Pages that cross-reference this one, if any exist, are listed below or will be listed below over time.

Decor ▢ Respond and Discuss

Black/white/grey bullet button If you liked this post, consider subscribing to the RSS feed or join us now at the IRC channels.

DecorWhat Else is New

  1. Many More Microsoft Layoffs Later Today

    Yesterday we shared rumours about Microsoft layoffs being planned for later today (there were 3 waves of layoffs so far this year). There are several more people here who say the same. How much noise will Microsoft make in the “media” in order to distract? Will the chaffbot "ChatGPT" help create enough chaff?

  2. Links 21/03/2023: JDK 20 and GNOME 43.5

    Links for the day

  3. Germany's Lobbyists-Infested Government Sponsors the War on Ukraine via the European Patent Office (EPO)

    The chief UPC ‘judge’ is basically seeking to break the law (and violate constitutions, conventions etc.) to start a kangaroo court while dodging real courts, just like Vladimir Putin does

  4. [Meme] The Meme That Team UPC (the Collusion to Break the European Laws, for Profit) Threats to Sue Us For

    António Campinos and Team UPC are intimidating people who simply point out that the Unified Patent Court (UPC) is illegal and Klaus Grabinksi, shown above, strives to head a de facto kangaroo court in violation of constitutions and conventions (the UK does not and cannot ratify; Ireland hasn’t even held a referendum on the matter)

  5. Microsoft is Sacking People Every Month This Year, Even Managers (While Sponsored Media Produces Endless Chatbot Chaff)

    Lots of Microsoft layoffs lately and so-called ‘journalists’ aren’t reporting these; they’re too busy running sponsored puff pieces for Microsoft, usually fluff along the “hey hi” (AI) theme

  6. 3 Months Late Sirius 'Open Source' Finally Deletes Us From the Fraudulent 'Meet the Team' Page (But Still Lists Many People Who Left Years Ago!)

    Amid fraud investigations the management of Sirius ‘Open Source’ finally removed our names from its “Meet the Team” page (months late); but it left in the page about half a dozen people who left the company years ago, so it’s just lying to its clients about the current situation

  7. Amid Fraud at Sirius 'Open Source' CEO Deletes His Recent (This Month) Past With the Company

    Not only did the Sirius ‘Open Source’ CEO purge all mentions of Sirius from his Microsoft LinkedIn account; he’s racing against the clock as crimes quickly become a legal liability

  8. Web Survey Shows Microsoft Falling Below 15% Market Share in Africa, Only One Minuscule African Nation Has Windows Majority

    A Web survey that measured Microsoft Windows at 97% in Africa (back in 2010) says that Windows has become rather small and insignificant; the Microsoft-sponsored mainstream media seems to be ignoring this completely, quite likely by intention...

  9. Rumours of More Microsoft Layoffs Tomorrow (Including Managers!), Probably Azure Again (Many Azure Layoffs Every Year Since 2020)

    Amazon is laying off AWS staff and Microsoft has been laying off Azure staff for 3 years already, including this year, so it seems like the “clown computing” bubble is finally bursting

  10. [Meme] EPO's Management Brainstorm

    The story behind a misleading slogan told above

  11. The Photo Ops Festival of the Funky President António Campinos and Revolt From the Patent Examiners Whom He Perpetually Oppresses

    European Patents are being granted for no reason other than application and renewal fees, awarding European monopolies to companies that aren't even European (only about a third are actually European); staff of the EPO is fed up as it regards or views all this as an extreme departure from the EPO's mission (and it's also outright illegal)

  12. Links 21/03/2023: Trisquel GNU/Linux 11.0 LTS

    Links for the day

  13. Back Doors Proponent Microsoft Infiltrates Panels That Write the Security Regulations, Press Fails to Point Out the Obvious

    Cult tactics and classic entryism serve Microsoft again, stacking the panels and basically writing policy (CISA). As an associate explained it, citing this new example, Stanford “neglects to point out the obvious fact that Microsoft is writing its own regulations.”

  14. IRC Proceedings: Monday, March 20, 2023

    IRC logs for Monday, March 20, 2023

  15. Links 20/03/2023: Curl 8.0.0/1 and CloudStack 4.18.0.0 LTS

    Links for the day

  16. Standard Life (Phoenix Group Holdings): Three Weeks to Merely Start Investigating Pension Fraud (and Only After Repeated Reminders From the Fraud's Victims)

    As the phonecall above hopefully shows (or further elucidates), Standard Life leaves customers in a Kafkaesque situation, bouncing them from one person to another person without actually progressing on a fraud investigation

  17. Standard Life Paper Mills in Edinburgh

    Standard Life is issuing official-looking financial papers for companies that then use that paperwork to embezzle staff

  18. Pension Fraud Investigation Not a High Priority in Standard Life (Phoenix Group Holdings)

    The 'Open Source' company where I worked for nearly 12 years embezzled its staff; despite knowing that employees were subjected to fraud in Standard Life's name, it doesn't seem like Standard Life has bothered to investigate (it has been a fortnight already; no progress is reported by management at Standard Life)

  19. Links 20/03/2023: Tails 5.11 and EasyOS 5.1.1

    Links for the day

  20. Links 20/03/2023: Amazon Linux 2023 and Linux Kernel 6.3 RC3

    Links for the day

  21. IRC Proceedings: Sunday, March 19, 2023

    IRC logs for Sunday, March 19, 2023

  22. An Update on Sirius 'Open Source' Pensiongate: It's Looking Worse Than Ever

    It's starting to look more and more like pension providers in the UK, including some very major and large ones, are aiding criminals who steal money from their workers under the guise of "pensions"

  23. Services and Users TRApped in Telescreen-Running Apps

    TRApp, term that lends its name to this article, is short for "Telescreen-Running App". It sounds just like "trap". Any similarity is not purely coincidental.

  24. Links 19/03/2023: Release of Libreboot 20230319 and NATO Expanding

    Links for the day

  25. Great Things Brewing

    We've been very busy behind the scenes this past week; we expect some good publications ahead

  26. Links 19/03/2023: LLVM 16.0.0 and EasyOS Kirkstone 5.1 Releases

    Links for the day

  27. IRC Proceedings: Saturday, March 18, 2023

    IRC logs for Saturday, March 18, 2023

  28. Links 18/03/2023: Many HowTos, Several New Releases

    Links for the day

  29. Links 18/03/2023: Tor Browser 12.0.4 and Politics

    Links for the day

  30. Links 18/03/2023: Docker is Deleting Free Software Organisations

    Links for the day

RSS 64x64RSS Feed: subscribe to the RSS feed for regular updates

Home iconSite Wiki: You can improve this site by helping the extension of the site's content

Home iconSite Home: Background about the site and some key features in the front page

Chat iconIRC Channel: Come and chat with us in real time

Recent Posts