Seattle Bubble

News & discussion about real estate & the housing bubble in the Seattle area.

Seattle Bubble - News & discussion about real estate & the housing bubble in the Seattle area.
 
It is currently Wed Sep 08, 2010 11:08 pm



Post new topic Reply to topic  [ 27 posts ]  Go to page 1, 2  Next
 Microsoft layoffs rumor 
Author Message
Bubble Watcher

Joined: Mon Jul 09, 2007 7:18 pm
Posts: 40
Post Microsoft layoffs rumor
This is getting serious --

http://www.microsoft-watch.com/content/ ... lieve.html

http://minimsft.blogspot.com/

This will devastate the local real estate market if true. Scary times.


Mon Dec 22, 2008 8:57 pm
Profile
a brief commercial break
A Word From Our Sponsors


 
Seattle Bubble would like to thank the above sponsor for their support.
Bubble Watcher

Joined: Mon Jul 02, 2007 6:23 am
Posts: 26
Post Re: Microsoft layoffs rumor
I just heard on Bloomberg news this morning about the possibility of 10% cut in the labor force at Microsoft.


Tue Dec 23, 2008 7:56 am
Profile
Bubble Bloviator

Joined: Sun May 06, 2007 7:26 am
Posts: 225
Post Re: Microsoft layoffs rumor
If you own an iPod then YOU are part of the MS problem.

WE NEED TO BUY MORE ZUNES!!!

That "Mojave" commercial sums up the MS problem most concisely. MS has to literally disguise the name of Vista (and pay people in a commercial to look excited) in order to try and sell it. And what about those Gates/Seinfeld commercials?

Its like watching a onetime top movie star grow old and do everything they can to try and stay young and "with-it". And just as pathetic and ultimately....hopeless.


Tue Dec 23, 2008 10:25 am
Profile
Bubble Watcher

Joined: Wed Sep 10, 2008 11:13 pm
Posts: 8
Post Re: Microsoft layoffs rumor
http://www.financialexpress.com/news/mi ... th/405859/

"Microsoft is preparing to announce the first wide scale layoffs in its 32-year history, with up to 15,000 jobs at risk, according to some predictions," 'The Times' said in a report published online.

If they're smart, I'll be one of those that gets laid off. I'm SO LAZY!


Mon Jan 05, 2009 12:19 am
Profile E-mail
Bubble Banter Boss

Joined: Mon Feb 26, 2007 12:14 pm
Posts: 1166
Location: Capitol Hill
Post Re: Microsoft layoffs rumor
the core of the "15k headcount cut" rumor comes from "fudzilla" and they are saying most of the layoffs are going to come from MSN.

Microsoft just hired a new president for its online properties (including MSN) from Yahoo after a lengthy search. He started full time today. Do you think that SteveB is going to surprise him in his first week of work by laying off +20% of his team? I don't!

There may be cutbacks at Microsoft but that rumor is based on a fairly illogical premise. I don't think it can be given much credibility


Mon Jan 05, 2009 8:42 am
Profile
Bubble Banter Boss

Joined: Thu Feb 22, 2007 2:58 pm
Posts: 680
Post Re: Microsoft layoffs rumor
I was skeptical about there being an actual company wide lay-off at Microsoft, but now I am thinking there actually might be something to it.

Quote:
Microsoft Corp is considering significant layoffs across its various divisions, The Wall Street Journal reported on Wednesday, citing people familiar with the company's plans.

But plans for the cutbacks have not yet been firmed up and Microsoft could end up finding alternative methods to control costs, the Journal reported on its website.

A Microsoft spokesman declined to comment on layoff rumors.

The number of potential job cuts is likely to be far less than the 15,000 positions that have been rumored in recent weeks, the Journal reported.

Microsoft might announce the job cuts when it reports quarterly earnings next week, the Journal said.


http://www.reuters.com/article/newsOne/idUSN1449233320090115

Quote:
Microsoft Corp. is seriously exploring significant work force reductions that could be announced as early as next week, in a sign that the weak economy is prompting tough decisions even at one of the steadiest ships in the technology industry.

According to people familiar with its plans, the Redmond, Wash., giant is considering layoffs across its various divisions, a rare occurrence for the world's largest software company. However, plans for the cutbacks are still in flux and Microsoft could end up finding alternative methods of reining in costs, one of these people said.

Although the number of potential job cuts couldn't be learned, people familiar with the matter said they are likely to be far less than the 15,000 positions that have been rumored in recent weeks, a figure that would amount to more than 16% of Microsoft's global work force.


http://online.wsj.com/article/SB123197886745683743.html


Wed Jan 14, 2009 7:21 pm
Profile
Bubble Bloviator

Joined: Sun Aug 05, 2007 9:20 am
Posts: 295
Post Re: Microsoft layoffs rumor
I wonder if this could be GOOD for the housing market, meaning, maybe this will prompt home sellers to finally begin lowering their prices on the eastside.


Wed Jan 14, 2009 7:52 pm
Profile
Bubble Banter Boss

Joined: Mon Jun 18, 2007 10:26 am
Posts: 1978
Post Re: Microsoft layoffs rumor
jillayne wrote:
I wonder if this could be GOOD for the housing market, meaning, maybe this will prompt home sellers to finally begin lowering their prices on the eastside.


I don't know...I already know some people who are reconsidering plans to purchase due to general anxiety over their job stability. Prices might come down, but it might do very little to spur forward new buyers.


Wed Jan 14, 2009 8:11 pm
Profile
Bubble Watcher

Joined: Mon Jul 09, 2007 7:18 pm
Posts: 40
Post Re: Microsoft layoffs rumor
Looks like nothing happened today. No major news.


Thu Jan 15, 2009 8:36 pm
Profile
Bubble Blatherer

Joined: Tue Apr 22, 2008 2:02 pm
Posts: 68
Post Re: Microsoft layoffs rumor
rose-colored-coolaid wrote:
jillayne wrote:
I wonder if this could be GOOD for the housing market, meaning, maybe this will prompt home sellers to finally begin lowering their prices on the eastside.


I don't know...I already know some people who are reconsidering plans to purchase due to general anxiety over their job stability. Prices might come down, but it might do very little to spur forward new buyers.


Most people do not want prices to go down. They want a return to 2006 bubble pricing. Denial is still the order of the day. I wonder when the shit really hits the fan?


Fri Jan 16, 2009 4:09 pm
Profile E-mail
Bubble Banter Boss

Joined: Mon Jun 18, 2007 10:26 am
Posts: 1978
Post Re: Microsoft layoffs rumor
FreedomLover wrote:
Most people do not want prices to go down. They want a return to 2006 bubble pricing. Denial is still the order of the day. I wonder when the shit really hits the fan?


Most people want whatever is best for them personally. Since 65% of the population owns their primary residence, of course they prefer higher prices. The confluence of this fact with the fact that Americans, on average, are really really bad at math is why so many people think higher prices are better even when they are against their own best interests (if prices were lower you could sell and buy and even nicer home!!!).


Fri Jan 16, 2009 5:30 pm
Profile
Bubble Blatherer

Joined: Tue Apr 22, 2008 2:02 pm
Posts: 68
Post Re: Microsoft layoffs rumor
rose-colored-coolaid wrote:
FreedomLover wrote:
Most people do not want prices to go down. They want a return to 2006 bubble pricing. Denial is still the order of the day. I wonder when the shit really hits the fan?


Most people want whatever is best for them personally. Since 65% of the population owns their primary residence, of course they prefer higher prices. The confluence of this fact with the fact that Americans, on average, are really really bad at math is why so many people think higher prices are better even when they are against their own best interests (if prices were lower you could sell and buy and even nicer home!!!).


The high prices only matter if they're specuvestor/flippers scumbag types. Why nobody pines for higher prices on TV/DVD players/computers?


Sat Jan 17, 2009 3:57 pm
Profile E-mail
Bubble Banter Boss

Joined: Mon Jun 18, 2007 10:26 am
Posts: 1978
Post Re: Microsoft layoffs rumor
FreedomLover wrote:
The high prices only matter if they're specuvestor/flippers scumbag types. Why nobody pines for higher prices on TV/DVD players/computers?


How about retirees? People like the emotional pay off of their home selling for more than they bought it when they move. Even if it means the house they are moving to is also more.

It's not really logical, but yes most people like to view the world that way.


Sat Jan 17, 2009 7:32 pm
Profile
Bubble Blogging Buffoon

Joined: Sat Feb 17, 2007 6:02 pm
Posts: 823
Location: Kenmore, WA
Post Re: Microsoft layoffs rumor
Got an anonymous tip via email:
Quote:
Got a very credible rumor this weekend, friend of a GM at Microsoft, wouldn't give us a name, 10% across the board full time employee layoff is coming this week, probably thursday. There's the nail in the coffin.

Pretty sketchy hearsay, but I suppose it won't take long to see how reliable this information is.

_________________
For great justice.


Mon Jan 19, 2009 10:20 am
Profile
Bubble Watcher

Joined: Mon Oct 06, 2008 7:17 am
Posts: 9
Post Re: Microsoft layoffs rumor
If it is true, I doubt they will call it layoffs. I bet they call it "phased-reorganization" or "project demand right-sizing." Or some other meaningless euphemism.


Mon Jan 19, 2009 10:51 am
Profile E-mail
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 27 posts ]  Go to page 1, 2  Next


Who is online

Users browsing this forum: No registered users and 0 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
cron
Powered by phpBB © phpBB Group.
Designed by Vjacheslav Trushkin for Free Forums/DivisionCore.