1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Microsoft lays off 5000 staff

Discussion in 'Serious' started by Nexxo, 22 Jan 2009.

  1. cjmUK

    cjmUK Old git.

    Joined:
    9 Feb 2004
    Posts:
    2,553
    Likes Received:
    88
    I don't believe for a minute that MS are in any sort of financial trouble.

    Nor Sony. Nor many others.

    But this recession is the perfect way for big corps to trim the fat without too much resistance from unions and staff bodies, without too much negative press, and if your share price is dropping anyway, now is the time to do all the dirty work. We're all panicking, wondering if we'll keep our jobs, so these companies can get away with stuff that would otherwise be questioned.

    Don't believe the hype.
     
    Last edited: 28 Jan 2009
    mvagusta likes this.
  2. kenco_uk

    kenco_uk I unsuccessfully then tried again

    Joined:
    28 Nov 2003
    Posts:
    9,918
    Likes Received:
    491
    It's probably down to the fact that Vista hasn't penetrated the business/commercial market as well as hoped/projected.
     
  3. GoodBytes

    GoodBytes How many wifi's does it have?

    Joined:
    20 Jan 2007
    Posts:
    12,300
    Likes Received:
    710
    Kenco_uk, if true then some people related to that department will be kicked out... but they are not.
    +1 for cmjUK
     
    mvagusta likes this.
  4. cjmUK

    cjmUK Old git.

    Joined:
    9 Feb 2004
    Posts:
    2,553
    Likes Received:
    88
    Why? According to their figures, Vista was a record seller. They are missing a few upgrade purchases since plenty of people didn't bother to pay extra to upgrade to Vista, but virtually every PC sold had some variety of windows on it.

    I'm sure they didn't reap the profits they were hoping for or expecting, but they are incredibly cash-rich - they have billions in the bank. Obviously, it is sensible to not be complacent, but reducing the worldwide headcount by a mere 5000 isn't going to save *that* much money.

    As much as many would assume that Microsoft on its knees would be evidence of karma at play, it's not going to happen just yet.
     
  5. cjmUK

    cjmUK Old git.

    Joined:
    9 Feb 2004
    Posts:
    2,553
    Likes Received:
    88
    OK, a lot has changed since June '08, but these figures suggest MS won't be in trouble in a hurry.
     
  6. johnmustrule

    johnmustrule What's a Dremel?

    Joined:
    12 Jan 2006
    Posts:
    345
    Likes Received:
    3
    I don't think this is any worse than other company lay-offs. Sure, MS is rich in inconcievable ways (around $100 Billion in the bank) but they got there through lucrative buisness practices, including layoffs to maintain profit and increase their diminishing stock price, which is as always, overvalued.

    http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=MSFT&sid=0&o_symb=MSFT&freq=1&time=9

    Have a look at that link and it should help you all understand why layoffs are taking place.
     
  7. Nexxo

    Nexxo * Prefab Sprout – The King of Rock 'n' Roll

    Joined:
    23 Oct 2001
    Posts:
    34,713
    Likes Received:
    2,154
    Good point.
     

Share This Page