Rumors Do Rounds About MSFT Layoffs
With the state of the economy what it is right now, many people are stressed about job security. Whether you work at a billion dollar company or run your own business, it’s likely you’ve thought about the possibility you might be let go or find yourself out of work at least once.
Yahoo! ended 2008 the same way it ended 2007, with layoffs. The search company let go 1,500 people and apparently more staff can expect pink slips early in 2009. Now it looks like the company that was so keen to buy Yahoo! at the beginning of this year could be next in line with an announcement about staff reductions.
Mini-Microsoft is currently speculating about substantial layoffs at the Redmond company, which the site reports we’ll see on January 15, just one week before the company announces its earnings for FY09Q2. While it’s all speculation based on what one person has heard next to the watercooler we can’t help but feel the “There’s no smoke without fire” vibes coming from this one.
Check out Mini-Microsoft for the full story. We’ll keep an ear to the ground and report back when we know more.
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Somebody heard from somebody else who was listening to another person talk about.... blah blah blah.
It all comes down to FUD. Not news.
"or if you run your own company, you've been worried about being laid off" --- am I the only one that finds this ridiculous?
If you are self-employed and going under you close shop, you do not lay off yourself (or only employ), right?
I agree with bc4. I'm seriously about to stop coming to Toms because of simple-ass mistakes like that. I would volunteer to help proof read... Note to Tom's: JESUS CHRIST, HIRE WRITERS WITH TALENT!
If you lay yourself off, do you still have to pay unemployment to yourself?
I followed the link and read the article and quotes, and it just convinces me even more that companies across America feel like they get a one-time pass to get rid of their bottom 10% performers and blame it on the economy. Look at the spin on Bank of America -- 35,000 lost jobs. But that's over 3 years, and is probably less than their rate of turnover.
Back to this article, I think I would replace the word "more" with "something" in that last sentence.
I followed the link and read the article and quotes, and it just convinces me even more that companies across America feel like they get a one-time pass to get rid of their bottom 10% performers and blame it on the economy.
I agree.
If they want to fire people, have the balls to do it, or hire the human resources people with the balls to do it, instead of making up crap.
I'm surprised no one is using this excuse to outsource.