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Whoops make that 18,000 instead, what a party


               
2014 Jul 18, 12:14am   4,418 views  10 comments

by indigenous   follow (1)  

http://www.zerohedge.com/news/2014-07-17/microsoft-announces-18000-layoffs-three-time-more-expected

While the news was reported earlier this week, it is perhaps notable that what was once considered the leading US tech company has also succumbed to the great "jobless" US recovery (in which the US economy is somehow adding 200K+ jobs every month even as it is firing millions).

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1   Bellingham Bill   2014 Jul 18, 6:03am  

zerobrain strikes again.

The bulk of cuts are hitting Nokia, since Microsoft doesn't need much from them any more.

And of course MSFT has been utterly misrun for at least a decade, probably more, under that fat idiot, Ballmer.

Really stunning how Cupertino just cleaned their clocks in the past 10 years.

2   indigenous   2014 Jul 18, 8:04am  

Bellingham Bill says

zerobrain strikes again.

You are flattering yourself, again. You think it is all fine because the cuts are coming from Nokia?

3   Strategist   2014 Jul 18, 10:25am  

indigenous says

Zero hedge is a great resource, it is just over your head.

Oh God. They are a propaganda machine and nothing else.

Call it Crazy says

It's just a rounding error....

I'm surprised they won't fire more. They keep turning out crap after crap. Look at Apple....nothing goes wrong with their products.

4   Heraclitusstudent   2014 Jul 18, 10:41am  

Strategist says

They keep turning out crap after crap.

They are among the tech companies that tried to 'commoditize' its tech work force the way Walmart 'commoditized' their employees.

We see the result.

5   Heraclitusstudent   2014 Jul 18, 10:42am  

Make that Dow 18,000?

7   EBGuy   2014 Jul 18, 12:02pm  

Good morning Vietnam. Check out the tidbit on manufacturing.

8   Bellingham Bill   2014 Jul 18, 1:15pm  

indigenous says

You think it is all fine because the cuts are coming from Nokia?

Nokia as a business organization isn't bringing anything to the table anymore. This is a Samsung vs Apple world now. Nokia is the RC Cola to their Coke vs. Pepsi.

Their $7B value was in their patent portfolio. They did a lot of heavy lifting before Apple even put its toe into the mobile game with the iPod and those patents are still running.

Microsoft needs to pivot to defend itself against Google, not try to win a hardware fight it lost a long time ago.

As for the 5000 cuts coming to Microsoft's ops, I don't know anything about how they do things but from what I've heard Microsoft is the poster-child of fiefdom-building. Like Hitler, Ballmer wanted disorder and anarchy among his lieutenants, because that's how his genius worked and it made him more necessary, to arbitrate the contradictions as they arose.

9   indigenous   2014 Jul 18, 1:37pm  

No, with a world that has a dearth of jobs the last thing I want to hear is that instead of 6000 being laid off it is going to be 18000.

On the other I would say MS itself is getting long in the tooth. They are first generation right?

10   indigenous   2014 Jul 18, 1:38pm  

Strategist says

Oh God. They are a propaganda machine and nothing else.

I thought you were a conservative?

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