Thousands to lose their jobs as Microsoft prepares biggest ever round of layoffs
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Company acquisitions always lead to lay offs, that's not news, unfortunately. Business always overlap in areas and cuts need to be made. The problem in this case is that we are talking about the merging of two huge companies, that lead to scary layoff numbers. But if you look closer, 5k lay offs out of 90k nokia employees isn't that big of a percentage.
To alcohol! The cause of, and solution to, all of life's problems - Homer Simpson ---- Our heads are round so our thoughts can change direction - Francis Picabia
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Unless you happen to be one of the 5k! A 100% chance of being without a job is not fun for anyone and glossing over it with the 'small percentage' argument is disingenuous at best, cruelly cynical at worst!
I'm not saying it is fun, or it is good, just it is expected. I've seen much worse cases (percentage wise) with people I worked with.
To alcohol! The cause of, and solution to, all of life's problems - Homer Simpson ---- Our heads are round so our thoughts can change direction - Francis Picabia
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If MS can't make money, this is how trying to save money or ? :^) http://news.yahoo.com/thousands-lose-jobs-microsoft-prepares-biggest-ever-round-114013833.html[^] This is very bad.
A good thing. The only company that is can survive despite economic failure and over staffing is Government Inc, the others need to adapt.
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If MS can't make money, this is how trying to save money or ? :^) http://news.yahoo.com/thousands-lose-jobs-microsoft-prepares-biggest-ever-round-114013833.html[^] This is very bad.
I heard Microsoft wants to change their corporate culture and the easiet way to do that is to get rid of a bunch of workers to scare the rest into changing their ways. It will work for a while, but the old culture will reassert itself. Been there, done that, got the T-shirt.
Psychosis at 10 Film at 11 Those who do not remember the past, are doomed to repeat it. Those who do not remember the past, cannot build upon it.
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If MS can't make money, this is how trying to save money or ? :^) http://news.yahoo.com/thousands-lose-jobs-microsoft-prepares-biggest-ever-round-114013833.html[^] This is very bad.
Expected post-merge layoffs, it's really bad but, unfortunately, that's the way of doing business; in the bright side, they may try to join the Jolla team and improve their OS.
CEO at: - Rafaga Systems - Para Facturas - Modern Components for the moment...
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Master.Man1980 wrote:
This is very bad.
Meh! Unless you are one of those being laid-off - this is actually very good. Microsoft (today) is too big, too slow and too set in their ways. According to insiders politics between divisions often stalls or kills good ideas. In hindsight, it probably would have been better for end-users, stock-holders and employees if Microsoft would have been split up decades ago during the DOJ anti-trust case.
Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master. ~ George Washington
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Company acquisitions always lead to lay offs, that's not news, unfortunately. Business always overlap in areas and cuts need to be made. The problem in this case is that we are talking about the merging of two huge companies, that lead to scary layoff numbers. But if you look closer, 5k lay offs out of 90k nokia employees isn't that big of a percentage.
To alcohol! The cause of, and solution to, all of life's problems - Homer Simpson ---- Our heads are round so our thoughts can change direction - Francis Picabia
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CEO's only get pay raises by increasing savings. For a CEO to get 10 million raise, 100 million needs to be made.
Need custom software developed? I do custom programming based primarily on MS tools with an emphasis on C# development and consulting. "And they, since they Were not the one dead, turned to their affairs" -- Robert Frost "All users always want Excel" --Ennis Lynch
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CEO bonuses are generally tied to profits, not savings. And no, they aren't the same thing.
EBITDA is a major contributor to CEO bonuses and is written into many CEO contracts. Also, lower expenses yields higher margins which has a positive correlation to stock price, which also is a portion of CEO compensation. No CEO worth his weight would take a contract driven solely on profits. That is too easy to lose. No, stock performance is a good one, EBITDA another, but not profits. Owner pay is driven by profits.
Need custom software developed? I do custom programming based primarily on MS tools with an emphasis on C# development and consulting. "And they, since they Were not the one dead, turned to their affairs" -- Robert Frost "All users always want Excel" --Ennis Lynch
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More likely it will be all those who still think a keyboard is a handy device. :sigh:
Will Rogers never met me.
As far as I'm concerned it's still the fastest input device around - try telling that to users though, who mostly want 'point and clicky' interfaces...
“That which can be asserted without evidence, can be dismissed without evidence.”
― Christopher Hitchens