Roy Schestowitz wrote:
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> ____/ AZ Nomad on Monday 04 May 2009 19:52 : \____
>> On Mon, 04 May 2009 17:26:24 +0000, Roy Schestowitz
>> <newsgroups@xxxxxxxxxxxxxxx> wrote:
>>>Microsoft layoff buzz intensifies
>>>,----[ Quote ]
>>>| We received a tip last week, from a usually reliable person, that
>>>| Microsoft would be making more job cuts this week. The company so far
>>>| isn't commenting, and we haven't been able to get confirmation
>>>| elsewhere. But independent of our inquiries, the online buzz increased
>>>| over the weekend to the point that Microsoft employees will no doubt be
>>>| a little nervous when they check their email tomorrow morning.
>>>| "Rumors of more Microsoft layoffs being announced on May 5th," wrote
>>>| former Microsoftie Jeff Erwin in one of several posts on the subject by
>>>| people on Twitter and elsewhere. "Lots of panic in the employee base."
>>>MS employee: "Rumors of more Microsoft layoffs being announced on May
>>>5th. Lots of panic in the employee base."
>> Microsoft has that quaint belief I see all over the tech arena that if
>> people won't pay as much for your stock, then it must therefore follow
>> that you need fewer employees to write the same amount of software.
The stock price is artificially held at $20 by micoshaft
buying its own stock back. Its real value is about $13 from using EPS
as a guide.
> They have actually been cancelling many projects/services/features. About
> 10 that I've noticed in the past month _alone_.
The reason for sackings and project shutdowns
is because of income drop. Micoshaft products are not worth it any more.
The alternatives are better and making open source companies
expand, take on workers and recruit more development staff.
50,000 of micoshaft employees are worthless.
Analists have given the final warnings.
Those employees may as well go count lamp posts because
they are not producing anything useful that the world
does not already have.