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posted
12/26/08 04:07 PM
What rumored Microsoft layoffs would mean for Hill
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| This could be my husband. We're keeping fingers crossed. There's been a hiring freeze in place for months now. | |
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Comment by
Wesa
December 26, 2008
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RE: ...
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| If your husband is a valuable employee (smart) you do not need to cross your fingers. | |
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Comment by
Mike
December 28, 2008
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Hmm...
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| That doesn't bode well for me. I just came off my 100-day break and scheduled to restart Jan 12. | |
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Comment by
jinushaun
December 26, 2008
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10%?
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| that 10% number is pure speculation of the commenters at minimsft, and nothing more. | |
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Comment by
Tiffany
December 26, 2008
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microsoft cuts
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| Well, according to my sources the cuts will start with contractors and of course a hiring freeze is in place. Not too happy news. | |
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Comment by
sunnyside
December 26, 2008
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sources
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| sunnyside, unless your source is gm level or higher, i don't know that they would have any more information than the rest of us | |
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Comment by
Tiffany
December 26, 2008
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RE: sources
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| Maybe, I am just adding to the rumors. Remember I am always looking at the sunnyside darling! | |
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Comment by
sunnyside
December 26, 2008
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Probably not as bad as you think
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| A lot of the A- may go, but the thing is, V- and A- do MOST of the work at Microsoft. Without us that place is helpless. | |
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Comment by
Sonder
December 26, 2008
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What's up with the layoff fashion?
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It seems that MBA’s and smart executives has suddenly disappeared, or just too lazy to assume that there is any possible solution except for laying off employees; an extremely lazy and biased solution to a failing economy that will not solve any problem. Companies are massively laying off employees as if the economy will never pick up again or as if hiring those employees back costs nothing. Well, I think many businesses need to look at FedEx and learn from what they did. It is very simple, something we all learned in class rooms in our MBA classes. When you lay off employees in a recession, it negatively impacts other employees’ morale, impacts the country’s economy and might contribute to making the recession even worse. What about all those other good stuff? Sitting down and finding a solution, as opposed to a hot shot over paid CFO and CEO sitting kissing shareholders’ asses by showing how caring for their business they are!. If we assume that laying off 10% of your employees will save the company, how much cost are you saving by this? Well, in an extreme case, if your labor cost is 80% of your total cost (which is almost impossible but let assume this for the sake of argument), so you are saving 8% of the total cost. Could this be saved by other means? Pay cuts? Freeze 401K contribution? Freeze bonuses? Freeze corporate parties and jets and other unnecessary expenses? Could you cut 8% of all employees’ wages? I am sure they will all accept it to eliminate the risk of losing their jobs! Then everyone will still keep their house! Keep spending, not file unemployment, then we don’t hurt the economy even more! Then the news will not hit Wall Street next morning causing the stock market to drop again! Or what you guys think? |
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Comment by
Ahmed Tanahy
December 26, 2008
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It won't start with full-time employees.
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| There is an excess of v- and a- and those will go first. | |
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Comment by
M
December 27, 2008
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RE: It won't start with full-time employees.
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| Would someone please define a v- and a- employee for those of us not in the know? Thanks! | |
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Comment by
AliceE
December 27, 2008
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RE: It won't start with full-time employees.
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| V- employees are vendors. A- employees are contractors, like those through Volt. | |
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Comment by
Wesa
December 27, 2008
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RE: It won't start with full-time employees.
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| To add to what Wesa posted, the "a" and the "v" gets prepended to your user account/email address. So if you're a contractor, you'd be a-johndoe@microsoft.com. Likewise, if you're a vendor, your email would be v-janedoe@microsoft.com. It is pronounced "a dash" or "v dash", not "a minus" or "v minus". | |
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Comment by
jinushaun
December 27, 2008
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RE: It won't start with full-time employees.
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| Thanks, Wesa and jinushaun! Excellent info. Now the previous posts make sense. | |
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Comment by
AliceE
December 27, 2008
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...
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| Most of the Capitol Hill Microsoft employees work for corporate or the US sub, which are areas of revenue generation and product creation. I bet most of the layoffs will be in other subsidiaries, low performers, and contractors. | |
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Comment by
EricaT
December 28, 2008
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Huh?
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| Subs generate revenue and not just the US Sub. Corporate doesn't generate revenue without a sales force to sell whatever products are created by groups at corporate. The sales force is in the subs. | |
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Comment by
mike
December 29, 2008
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ha
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| Ain't see it comin' | |
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Comment by
Lin
December 28, 2008
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Microsoft needs new products to avoid layoffs
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| Microsoft's lack of new products is leading to layoffs. Even Domino's is very smart to go after a new market with new products in this tough economy by launching sub sandwiches. Growth requires going after new markets with new growth opportunities. Great companies focus on growth while weaker competitors try saving costs. Even the threat of Microsoft layoffs demonstrates the impact of Linux on the marketplace. Read more at http://www.ThePhoenixPrinciple.com | |
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Comment by
adam hartung
December 31, 2008
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Layoffs
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People always hate to talk about when they are laid off. But as it has become every day's news headline since Yahoo started it with cutting 1500 of its task force last year, now a need of platform has been in demand where people can express their selves in words how they are feeling about their company, whey the got laid off was that justified or not. And every thing they want to tell anonymously.And www.layoffgossip.com is providing you that platform. |
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Comment by
LayoffGossip
January 07, 2009
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