Reports of another wave of layoffs rekindle bad press for Microsoft

[A Guy]

Microsoft’s massive staff reduction, which shocked many when it was announced in July, is back in the spotlight with a pair of reports that the ax will come down on another group of employees Thursday.

It would be the second wave of job cuts in the plan to ultimately eliminate 18,000 positions, or 14 percent of the company’s staff, by the end of its fiscal year on June 30, 2015, according to reports this week from ZDnet and GigaOM, both based on anonymous sources.

Source

A Guy

 

[HarriePateman]

Why are they cutting there staff, there company is growing?

 

[andrew129260]

Why are they cutting there staff, there company is growing?

There company is anything but growing harrie. Microsoft is in a lot of trouble. Windows 8 isn't selling, there phones are not selling, xbox one isn't selling as well as hoped, and companies are buying less and less licenses for windows, and instead using thin clients.

 

[HarriePateman]

Why are they cutting there staff, there company is growing?

There company is anything but growing harrie. Microsoft is in a lot of trouble. Windows 8 isn't selling, there phones are not selling, xbox one isn't selling as well as hoped, and companies are buying less and less licenses for windows, and instead using thin clients.

Wow that caught me by shock!

then why are they spending like mad? 2.5 billion for minecraft?

 

[RBS7]

Why are they cutting there staff, there company is growing?

There company is anything but growing harrie. Microsoft is in a lot of trouble. Windows 8 isn't selling, there phones are not selling, xbox one isn't selling as well as hoped, and companies are buying less and less licenses for windows, and instead using thin clients.

Wow that caught me by shock!

then why are they spending like mad? 2.5 billion for minecraft?

One adage is "That you have to spend money to make money" ...that is why they bought Nokia, though that doesn't seem to be helping much.

 

[ThrashZone]

One buys Nokia the new wants to sell Nokia

If Nokia doesn't make and develop windows phones who will this was a insurance policy made by Ballmer on a hefty price tag
What's money for Microsoft it has untaxed billions offshore

 

[HarriePateman]

True Microsoft are probably sat on billions.

 

[ThrashZone]

Microsoft is doing quite well offshore,
They just can't figure out how to bring the money home and avoid taxes by democrats
So here are the layoffs,

Only philanthropist agree with the Buffett rule,
As a business they do not

 

[HarriePateman]

Microsoft is doing quite well offshore,
They just can't figure out how to bring the money home and avoid taxes by democrats
So here are the layoffs,

Only philanthropist agree with the Buffett rule,
As a business they do not

I think if a company like that went bust, the technology world would just crumble!

 

[Lady Fitzgerald]

Despite its highly publicized failures, such as Win 8, Office 365, Windows Phone, X-Box, etc., M$ is very much alive, doing well, and raising...well, you know what I mean.

 

[HarriePateman]

Despite its highly publicized failures, such as Win 8, Office 365, Windows Phone, X-Box, etc., M$ is very much alive, doing well, and raising...well, you know what I mean.

Yeah, a company like that could never just stop and hide

 

[RBS7]

Microsoft is doing quite well offshore,
They just can't figure out how to bring the money home and avoid taxes by democrats
So here are the layoffs,

Only philanthropist agree with the Buffett rule,
As a business they do not

Well, I suppose they could move off-shore and then we wouldn't need to care about them. Gosh, maybe the Chinese government would buy them.

Oh and those Democratic taxes pay those Republican politicians salaries too.

 

[matts6887]

All of this news of another wave of layoffs coming is no surprise to me. Andrew is right when he mentioned that all of their flagship line products like windows etc has not done very well on the market because in fact they havent!. Windows 8 is a complete joke IMO and I and countless others I know will never want to upgrade to it unless absolutely essential due to end of support, etc. of windows 7 and unfortunately microsoft has done a number of things that just have not bid well with the general public and i think thats one of the bottom line things here.

 

[ThrashZone]

Stock market says differently
View attachment 334181

 

[A Guy]

MS is doing well, but laying off people helps the bottom line. Nevermind the people who loose their jobs. Also, companies streamline their processes. It's not like these are production workers, these are coders, etc.

A Guy

 

[RBS7]

Stock market says differently
View attachment 334181

Well unless I am reading your chart wrong, basically it says they had a .75 cent increase during a ten day time frame. Not quite what what I would say is stellar. However since 2012 it has raised approximately $10.00 per share which is not bad.

 

[HarriePateman]

I wonder how much a share is

 

[ThrashZone]

A rollercoaster ride this has been
View attachment 334211

 

[HarriePateman]

A rollercoaster ride this has been
View attachment 334211

Im too young to understand shares

 

[ThrashZone]

Sell high and buy low
Chart shows msft's all time high 61.09 then a drop to the floor in y2k