So Microsoft had 4+ billion profit last quarter and they are laying off 5000

[BootinUp]

this is going to piss me off. Have the executives taken some big pay cuts yet?

[Taverner]

1. Of course not

They want to wait out the period where we go all cannibal and stuff...

Seriously - it is pretty fucked up

[EmeraldCityGrl]

2. they're projecting things to get much worse in 2009

[SoCalDem]

3. because they wanted MORE MORE MORE

and $4B is just unacceptable.:puke:

[TheHeathen]

4. Microsoft screwed up

They should have outsourced more jobs to China.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x4889463

:sarcasm:

[GoesTo11]

5. Anyone get the feeling that companiese are just taking advantage of the opportunity

to chop some heads during the chaos?

[PeaceNikki]

6. Doh, I am wrong.

[BootinUp]

9. repeated from ABC news, if incorrect then it is not

nearly as damnable.

[PeaceNikki]

10. I stand corrected.

Reading articles now.

[BootinUp]

12. Thanks for checking

peace Nikki.

[PeaceNikki]

16. It's notable that this is the first mass layoff in their 34-year history

it had only made relatively limited staff cuts after acquiring companies or reorganizing product groups.

In addition, I've known a lot of people who work or worked for MS and they treat their people very well. In fact, I'm hard pressed to think of any other people who were happier with their jobs.

[BootinUp]

17. yes, noted.

They are a huge company. 5000 is probably a drop in the bucket. Still I would like to have seen the execs sharing some pain. Companies must strive to make the moral, responsible decisions during this crisis.

[PeaceNikki]

18. I agree.

I am just sometimes disappointed at how they are demonized ALL the time. They do a lot of good, too. The world would be a different place if not for them.

In addition, they were pioneers in offering same-sex parter benefits, rate very well with HRC and, again, anecdotally, really treat their employees well.

[RoccoR5955]

7. That's because Vista was such a flop...

...that they had to extend the live of Windows XP.
And now they are trying to sell us their next piece of bloatware, Windows Hasta La Vista. The FINAL version of Windows!

[Deja Q]

19. befrore cloud computing really kicks in

Which I fear will have more serious repercussions.

Whatever happens happens.

[MannyGoldstein]

8. Sheesh! They're Only Laying Off Middle Classers

Call me when they lay off somebody who counts!

[NOW tense]

11. Slaves to the stock market

[Lucinda]

13. Are they all Vista developers?

;)

Weird thing to do for "financial reasons" with those $ on the books. Hmmm....

[sammym3]

14. I didn't see this. I just asked the same thing.

What's up with that. Shouldn't folks getting laid off be asking that question?

[OHdem10]

15. How many of those to be laid off will be H-1B Visa hires or will

only American citizens be laid off.

[OhioChick]

23. Microsoft to axe 5,000, no job cuts in India

Microsoft to axe 5,000, no job cuts in India

NEW YORK: Starting with 1,400 job cuts, software giant Microsoft will slash 5,000 jobs over the next 18 months.

"Microsoft will eliminate up to 5,000 jobs in R&D, HR, marketing, sales, finance, legal, and IT over the next 18 months, including 1,400 jobs today," the company said in a statement.

The layoff, however, would not be impacting the Indian operations. "It's not going to impact us. No job cuts in India," a Microsoft India spokesperson said in New Delhi.

http://timesofindia.indiatimes.com/Microsoft_to_axe_5000_but_no_job_cuts_in_India/articleshow/4018194.cms

[Egalitariat]

20. You don't layoff people based on last quarter's profit, you lay off people based on

next year's projected workload. I've survived six downsizings in the last 2 years in the homebuilding industry and each time it was an exercise based on how much work needed to get done next year and how many people it took to do it.

[LSparkle]

21. Yet APPLE is doing fine, thank you very much! And Jobs takes NO PAY

or just $1 a year salary.

Running a profitable company starts at the top -- when
you have a chief executive like Steve Jobs taking no
pay or a minimal salary, you inspire teamwork and going
that extra mile ... It's all about the IDEAS, not about
the love of profits. Jobs LOVES Apple; Gates and co.
are more concerned about just monopolizing the market
and raking in the bucks ...

[TheHeathen]

22. Steve Jobs takes no salary

to avoid paying Income tax.

http://blog.wired.com/business/2007/11/steve-jobs-may.html


Jobs has taken only a token annual salary of $1 since returning to Apple in 1996, for which he is recognized as the world's lowest-paid CEO by Guinness World Records. He is well-compensated by other means, however, being the frequent recipient of gifts from Apple's board of directors, such as a Gulfstream Jet and tens of millions of shares in restricted stock, which have contributed to Jobs's estimated net worth of $5.7 billion. (One incentive for this form of compensation: Capital gains tax on stock market profits is less exacting than federal income tax on earnings.)

[physioex]

24. Yep....

I figured as much. He isn't working or helping Apple for altruistic reasons. There is in fact some compensation being given while the slogan "working for a dollar" is used.

[Elwood P Dowd]

25. I see the resident Apple/Gore/Jobs hater is back after being tombstoned

under other names.

[TheHeathen]

26. How does posting

factual Information about Apple or Steve Jobs make me a hater?

:crazy:

[Elwood P Dowd]

27. You are the same disrupter you were last year under a different name.

Your posts are identical. Your words are identical. You even use the same smilies. The mods will eventually tombstone you again Nomad because all you care about is trashing Apple, Al Gore, Steve Jobs, and DUers who use Apple computers.

[TheHeathen]

28. Once again

How does posting factual Information about Apple or Steve Jobs make me a hater?

:)

[Elwood P Dowd]

29. You're posting crap from blogs, and you were doing it before DU booted you.

Now you're back under a different name.

[TheHeathen]

30. Oh I see

you just have Issues with the blog from Wired.

Why don't you ask Wired why they hate Apple?
http://blog.wired.com

:)

[aquart]

31. It's good that Apple has pr people out and about.

Not everyone thinks they're the bestest ever.

In fact, it is perfectly possible to loathe Microsoft AND Apple. I do it all the time.

[Elwood P Dowd]

32. I'm not saying anything about either company.

It's the disrupter who keeps keeps coming back under different names. He is the one who has an agenda, and he has been tombstoned in the past for his disruption of the DU Macintosh User Group.

[TheHeathen]

33. I have an agenda?

You have stated that I will be banned for posting factual Information about Apple or Steve Jobs, but yet you accuse me of having an agenda.

Why do you have this fear of the truth?

:shrug:

[HughBeaumont]

36. Jerry Yang does the same thing and the whole reason why seems to slip people's minds.

You gotta love CEOs with $1 to middle class salaries. How much are they worth? NOT middle class wages.

Can't tax WEALTH, only the income generated FROM that wealth. It's a breeze paying taxes on a buck or $80,000 when you're already worth billion$. Surprised more CEOs don't do this. :eyes:

[TexasObserver]

34. let's hope it's anyone who had anything to do with Vista

what a piece of crap that is

[JCMach1]

35. It's called job churning... fire over-paid programmers, engineers, etc.

who have worked for the company for years... When things improve in coming years bring in Kids at half the salary...

Common practice in corporate America...