Microsoft Cuts 3,000 Jobs, Mulls Additional Lay Offs

[halogamer1989]

JaggedSac said:

halogamer1989 said:

JaggedSac said:

halogamer1989 said:

JaggedSac said:
Damn stockholders. M$ should not perform layoffs just to appease them. Ride the wave, it will rise up again. My company is doing the same thing. Tons of cash reserves and yet we are layoff vital people and moving work overseas.

Riding the wave is a risky venture.  MSFT will always play it safe.

 

It isn't risky yet.  They are still raking in huge profits and have fantastic cash flow.

 

MSFT has always had good cash flow.  They are focused on getting more I think, maybe to get more revenue to push Win7.

Edit: @ Mike Yeah you are right.  It is about even now on Google's converter.

Bolded == Stockholder greed and M$ relenting to said greed.

 

Well Ballmer has a duty to provide for the best interests of the stockholders...