Linked by Thom Holwerda on Thu 22nd Jan 2009 15:37 UTC
Microsoft After much, much, much speculation, Microsoft let the cat out of the bag today: due to weak results, Microsoft is going to cut 5000 jobs. Those 5000 jobs will disappear over the course of 18 months, with 1400 jobs being cut immediately. Quarterly results, as well as the cost-cutting measures, were made known in a press release today.
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RE[3]: Oh, buy!
by anevilyak on Thu 22nd Jan 2009 17:52 UTC in reply to "RE[2]: Oh, buy!"
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Easily, when companies decide to cut costs by cutting services. Keep in mind that purchase of services is much different expense than purchase of a product (i.e. a desktop that has an OEM license with it). Often service and support contracts are not included in the asset table, but rather as a continuing cost. Companies such as RH and Novell may have to adjust to new strategies should the economy continue to sink.

I believe your sarcasm meter needs adjusting ;)

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