Windows 7 Forums
Welcome to Windows 7 Forums. Our forum is dedicated to helping you find support and solutions for any problems regarding your Windows 7 PC be it Dell, HP, Acer, Asus or a custom build. We also provide an extensive Windows 7 tutorial section that covers a wide range of tips and tricks.


Windows 7: Microsoft to cut up to 5000 jobs

22 Jan 2009   #1
garysgold

Vista Ult 64 bit Seven Ult RTM x64
 
 
Microsoft to cut up to 5000 jobs

Microsoft has said it will cut up to 5,000 jobs over the next 18 months, including 1,400 immediately.

The firm also reported a net profit of $4.17bn (£3bn) for the three months to 31 December, down 11% on last year and less than analysts' expectations.

Microsoft added it was "no longer able" to give a profit and revenue outlook for the fiscal year amid current volatile market conditions.

Shares in Microsoft fell 7.9%, dragging Wall Street lower.

More


My System SpecsSystem Spec
.
22 Jan 2009   #2
renthor

Windows 7 Beta 1 b7000
 
 

Just another sign of the ailing economy, here's to a speedy (though doubtful) recovery, and that all those laid off can find new jobs (good luck!).
My System SpecsSystem Spec
22 Jan 2009   #3
Romulinx2

Win7 Ultimate x64 on Desktop / Win7 Ultimate x86 on laptop / Win7 x86 Starter on Netbook
 
 

Quote   Quote: Originally Posted by garysgold View Post
Microsoft has said it will cut up to 5,000 jobs over the next 18 months, including 1,400 immediately.

The firm also reported a net profit of $4.17bn (£3bn) for the three months to 31 December, down 11% on last year and less than analysts' expectations.

Microsoft added it was "no longer able" to give a profit and revenue outlook for the fiscal year amid current volatile market conditions.

Shares in Microsoft fell 7.9%, dragging Wall Street lower.

More
They are still making a big profit? Only down 11%?
My System SpecsSystem Spec
.

23 Jan 2009   #4
JerzeyLegend

Windows 7 Build 7277
 
 

I hope that we recover before we fall into complete depression. I haven't been able to find a job in my area for a year now. Everyone has been laying off. Even McDonalds, and Wal-Mart (who is always hiring) is not allowed to start hiring until March 2009.
My System SpecsSystem Spec
23 Jan 2009   #5
bossmayank619

Windows 8 Pro x64
 
 

Quote   Quote: Originally Posted by garysgold View Post
Microsoft has said it will cut up to 5,000 jobs over the next 18 months, including 1,400 immediately.

The firm also reported a net profit of $4.17bn (£3bn) for the three months to 31 December, down 11% on last year and less than analysts' expectations.

Microsoft added it was "no longer able" to give a profit and revenue outlook for the fiscal year amid current volatile market conditions.

Shares in Microsoft fell 7.9%, dragging Wall Street lower.

More
this economy is a slap on the face of bloody bush and everyone who believed in him . even if you try to predict the future no good predictions are coming out. peaple loosing their jobs and are forced to default their credit cards , mortgage and other bills . hope we get something good out of OBAMA.
My System SpecsSystem Spec
23 Jan 2009   #6
napilopez

Windows 7 Build 7077 x64
 
 

Its a shame really that even a mogul like microsoft has to succumb to the economy's woes. But I know we'll pull through eventually.
My System SpecsSystem Spec
23 Jan 2009   #7
garysgold

Vista Ult 64 bit Seven Ult RTM x64
 
 

Hello bossmayank619,

There is plenty of blame to go around.

Thank you.
Gary
My System SpecsSystem Spec
23 Jan 2009   #8
damoh

Windows 7 RTM x64
 
 

Quote   Quote: Originally Posted by bossmayank619 View Post
this economy is a slap on the face of bloody bush and everyone who believed in him . even if you try to predict the future no good predictions are coming out. peaple loosing their jobs and are forced to default their credit cards , mortgage and other bills . hope we get something good out of OBAMA.
Well to be fair it was not exactly bush's fault. It was the greedy middle men and the sub prime mortgages that they mis sold. People got laid off they could not afford there home repayments and before you know it, recession. Then some wise clown at HSBC bought all this debt off the american banks, thinking that they could make a killing and boy were they wrong all this began the UK falling down.
Funny though really, house prices are falling so fast now is the time to buy, but no bank will give you a mortgage. So you resorted to going to so called 'mortgage brokers' who will find you one. and what do you get? A UK sub prime mortgage market. My brother in law has just explained it all to me ( its more detailed really then my post but thats the jist of it) he used to work for HSBC America, he had a feeling somthing bad was going to happen so he left and went to texaco. Quite lucky really
My System SpecsSystem Spec
23 Jan 2009   #9
bossmayank619

Windows 8 Pro x64
 
 

Quote   Quote: Originally Posted by damoh View Post
Well to be fair it was not exactly bush's fault. It was the greedy middle men and the sub prime mortgages that they mis sold. People got laid off they could not afford there home repayments and before you know it, recession. Then some wise clown at HSBC bought all this debt off the american banks, thinking that they could make a killing and boy were they wrong all this began the UK falling down.
Funny though really, house prices are falling so fast now is the time to buy, but no bank will give you a mortgage. So you resorted to going to so called 'mortgage brokers' who will find you one. and what do you get? A UK sub prime mortgage market. My brother in law has just explained it all to me ( its more detailed really then my post but thats the jist of it) he used to work for HSBC America, he had a feeling somthing bad was going to happen so he left and went to texaco. Quite lucky really
i agree my sister use to work in HSBC Backoffice and she told me the same thing now that the atmosphere in hsbc is bad even before the recession is declared but i guess the economist should have done something and the situation should have been so bad. anyway i am no economist so i will not understand the cons and pros of this economy. only thing i know we require some real hard and smart decisions to fix the whole problem.
My System SpecsSystem Spec
23 Jan 2009   #10
renthor

Windows 7 Beta 1 b7000
 
 

To be fair, although the housing market crash is what (for better or worse) alerted a lot of people to the problem, it is really only part of the problem. People who have been paying attention to this stuff have been warning us this was going to happen for years. Well before last year's housing/mortgage crash.

The larger problem (put extremely simply) has been the shift of focus from the manufacturing sector to the financial sector. Once you read past all of the naysayers and doomsayers, one can realize that we've gone through many market shifts before (yes, perhaps this is more of major one than we've experienced recently) and given some time, and with the right people in the right places (cross your fingers for Obama to get this right), the cyclic effect will push all of this back up. But the blame does not lie on any one person, even Bush.

We've recovered before, we can recover again.
My System SpecsSystem Spec
Closed Thread

 Microsoft to cut up to 5000 jobs




Thread Tools




Similar help and support threads
Thread Forum
Microsoft CEO: losing 18,000 jobs makes us “more agile”
Source A Guy
News
Can't get Microsoft Bluetooth Notebook Mouse 5000 to work
I have a laptop lenovo ThinkPad T420 and I had the OS upgraded from Windows 7 32Bit to Windows 7 64 Bit. My Microsoft Bluetooth Notebook Mouse 5000 can be detected and is listed as one of the Bluetooth devices, however the mouse does not move. I did some google-ing to try to trouble-shoot...
Hardware & Devices
Microsoft Wireless Comfort Keyboard 5000 not working right
When I type in Word 2010, frequently my keyboard will refuse to type. It will type a couple letters and then I have to wait to get it to go on. Then it will type a few more, etc. Another time it will type without an issue. Very annoying! I have changed the battery. Any suggestions?
Hardware & Devices
Microsoft wireless mouse 5000
I have this great mouse and it works okay with the generic driver with Windows 7. However the software it came with lets you program the buttons and also see the power left in the batteries and the wireless strength. If I install the software it came with the scrolling is not adjustable. It's...
Hardware & Devices
Microsoft: Thousands Of IT Jobs Going Unfilled
http://www.informationweek.com/news/windows/microsoft_news/231002904?cid=RSSfeed_IWK_Windows
News
Microsoft Gives $8 Million to Help Veterans Get Jobs
More - Microsoft Gives $8 Million to Help Veterans Get Jobs - Softpedia
News


Our Sites

Site Links

About Us

Find Us

Windows 7 Forums is an independent web site and has not been authorized, sponsored, or otherwise approved by Microsoft Corporation. "Windows 7" and related materials are trademarks of Microsoft Corp.

© Designer Media Ltd

All times are GMT -5. The time now is 23:17.
Twitter Facebook Google+ Seven Forums iOS App Seven Forums Android App