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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Member since:

Companies are not laying off people because they do not want to see them around any more. Sometimes they do when particular individual is a problem person. But, when some company lays off 5000 of them that means that they canceled some products, because those products are no profitable any more.

There could not exist any regulation that would have prevented that. Those positions are not vacated, they simply ceased to exist. Nobody can't be forced to do particular business against their will, except under some extreme conditions, like during the war.

It will be interesting to see what elements of Microsoft offering are to be discontinued.

Reply Parent Score: 2

dabooty Member since:

The first to go is Performancepoint planning server, which is pissing off a lot of customers/partners. they invested lots of money into the product, and now that implementations are halfway, msft tells them they invested in a dead end. Some startups even betted their whole existence on the product...

Reply Parent Score: 1