Linked by Thom Holwerda on Thu 22nd Jan 2009 15:37 UTC
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.
Thread beginning with comment 344990
To read all comments associated with this story, please click here.
To read all comments associated with this story, please click here.
RE: Am I the only one finding this a bit exagerated?
by LobalSurgery on Thu 22nd Jan 2009 18:30
in reply to "Am I the only one finding this a bit exagerated?"
Member since:2006-09-07
It's $16.63 billion total revenue for the latest quarter. The net profit is $4.17 billion, which gives a still-impressive net profit margin of 25% (down from 29% for the previous quarter).
To give an idea of how Microsoft's net profit margin of 29% compares elsewhere in the computer industry last quarter (figures are from Google):
Dell: 4.8%
Apple: 14.4%
HP: 6.3%
IBM: 11.2%
Even though everyone is feeling the pinch of the global economy, the sky is hardly falling for Microsoft, and a layoff at this point just doesn't seem justified.
RE[2]: Am I the only one finding this a bit exagerated?
by HappyGod on Fri 23rd Jan 2009 11:07
in reply to "RE: Am I the only one finding this a bit exagerated?"
Member since:2005-10-19
Totally agree,
It's pretty appalling that companies are allowed to do this.
It's like the Commonwealth Bank in Aus not so long ago, made a record $2.6bn and sacked 1500 people. Governments need to regulate this kind of thing.
It's fair enough if companies are strapped and have to let people go, but this kind of thing is ridiculous.
News
Linked by Thom Holwerda on 05/21/13 22:06 UTC
"The first killer app was VisiCalc. This early spreadsheet turned the Apple II from a hobbyist toy to a business computer. VisiCalc came with room for improvement, though. In addition, a new architecture and operating system, the Intel-based IBM PC and MS-DOS, also needed a spreadsheet to be taken seriously. That spreadsheet, released in early 1983, would be Lotus 1-2-3, and it would change the world. It became the PC's killer app, and the world would never be the same. On May 14, IBM quietly announced the end of the road for 1-2-3, along with Lotus Organizer and the Lotus SmartSuite office suite. Lotus 1-2-3's day is done." Impressive 30 year run.
Linked by Thom Holwerda on 05/21/13 21:45 UTC
"There's a disconnect between how Apple CEO Tim Cook sees his company's tax strategies and how some members of the US Senate view it. That became clearer than ever today after Cook and two other Apple executives testified before Congress, explaining why they're holding most of their international income in Irish subsidiaries like Apple Operations International, which declare no tax residency anywhere in the world. AOI hasn't filed a tax return anywhere in the world for the last five years, yet it earned $30 billion in income from 2009 to 2012, according to a Senate report released yesterday." Just because something is legal, doesn't mean it's just. Apple, Google, Microsoft, and many more - these companies might not be breaking any laws, but it's obvious to anyone that what they are doing is scummy.
Linked by Thom Holwerda on 05/21/13 15:53 UTC
The new WebKit Opera for Android has been released. "Opera 14 for Android is built on top of Chromium 26, with a total overhaul of the UI in native code, making it fit well with the latest Android design guidelines. Go get the build from Google Play or point your browser to m.opera.com, and give it a spin!"
Linked by Thom Holwerda on 05/20/13 22:43 UTC
The Verge pointed me to a blog post by Leap Motion - which reveals how their Kinect-like motion control works with Windows 8. "From the second you plug in your Leap Motion Controller, you'll be able to browse the web and interact with your computer just by moving your hands and fingers in the air. With Leap Motion technology and Windows, you can do everything that's possible with multi-touch inputs - without actually touching anything. This also means that existing applications in Windows 7 and 8 will respond to your natural hand and finger movements. Soon, we'll show you how Leap Motion will work with Mac OS X." Quite cool.
Linked by Thom Holwerda on 05/20/13 21:50 UTC
PocketNow interviews Marc Dillon, and there's an interesting note about why Jolla is keeping the display properties under wraps: "We're leaving some of those details out because we do understand that there are a lot of really big players in the market and they tend to take certain components in the market and dominate them. We created the ability to actually be able to run Sailfish on multiple hardware displays and be able to swap components, so this is part of the demand and supply planning phase. We are committed to this industrial design which is a 4.5-inch display, an 8 megapixel camera on the back and a front-facing camera at the front, and the exact specs of the display we'll provide when we're close to delivery." Something you rarely hear anything about.
Linked by Thom Holwerda on 05/19/13 23:15 UTC
"This is my NeXTstation Turbo Color booting the Mac System 7.1 Operating System using a hardware add-on called 'Daydream'. The Daydream has a Mac ROM and a few custom ICs in it and hooked up to the NeXTs DSP port. Turns your NeXT into a full fledged 68k powered Mac." So cool.
Linked by Thom Holwerda on 05/19/13 23:11 UTC, submitted by Drumhellar
"The NetBSD Project is pleased to announce NetBSD 6.1, the first feature update of the NetBSD 6 release branch. It represents a selected subset of fixes deemed important for security or stability reasons, as well as new features and enhancements. Please note that all fixes in the prior security/bugfix updates (NetBSD 6.0.1 and 6.0.2) are also in 6.1."
Linked by Thom Holwerda on 05/18/13 21:06 UTC
"At the end of a week in which Electronic Arts confirmed it wasn't developing a thing for the Wii U, one of the software engineers in EA Sports' Canada studio, in a series of since-deleted tweets, disparaged the console as 'crap' and suggested Nintendo should give up on hardware altogether. 'The Wii U is crap. Less powerful than an Xbox 360. Poor online/store. Weird tablet', tweeted Bob Summerwill, listed as a senior software engineer at EA Canada, in a reply to a tweet posting a link about EA's no-Wii U news. 'Nintendo are walking dead at this point'." The Wii U is turning into the 21st century's Virtual Boy.
Linked by Thom Holwerda on 05/18/13 7:37 UTC
"In NixOS, the entire operating system - the kernel, applications, system packages, configuration files, and so on - is built by the Nix package manager from a description in a purely functional build language. The fact that it's purely functional essentially means that building a new configuration cannot overwrite previous configurations. Most of the other features follow from this." Interesting approach. A Linux distribution, sure, but with some very refreshing ideas about system configuration.
Linked by fran on 05/18/13 1:38 UTC
Appfour added, among other features, C/C++ support to its new version of AIDE. From Android-IDE, "Now you can write parts of your app or your whole app in C/C++ on your device. AIDE supports the Standard Android NDK toolchain (GCC 4.6 + Bionic, STL, ...). No changes are necessary if you want to build an app developed on a PC with Eclipse. C/C++ development is fully integrated: Build errors appear in the error list and files can easily be navigated to with Go to file. The editor supports C/C++ syntax highlighting."More News »
Sponsored Links
Member since:
2007-03-29
Ok, maybe they need to cut jobs. But how many companies in the world can pretend to have the same margins as Microsoft? I think this economic stagnation is just a good opportunity for companies to cut costs and improve their already huge margins. A 16.63 billion USD profit for a quarter? And they are cutting more than 5% of their employees? I'm probably naive, but I don't find that fair for those who are going to lose their job.