Cuts Hurt
Monday was a dark day for some Microsoft employees. They must have known it was coming as months ago Steve Ballmer announced the firm would lay off some 5,000 workers, but only immediately
hacked 1,400.
Even with that knowledge, it had to be hard for the up to 3,600 others to finally get the news. In discussing yesterday's layoffs, Ballmer said more cuts may be needed if the economy doesn't pick up.
Sales and revenue may be down, but Microsoft remains a highly profitable company and we here at Redmond magazine are bullish on the future of the Microsoft market. Heck, I even stuck my neck out in a cover story explaining why Microsoft will be just fine. Take a peek and tell me where I'm wrong at [email protected].
Posted by Doug Barney on May 06, 2009 at 11:53 AM