WA Ping Watch out, neighbors. More $100,000 middle managers will soon be heading to Starbucks for applications.
Wow. Just wow.
What can we say. We have been told that our economy is strong, and have been told that high tech companies such as Microsoft are leading the way to a 21st century economy. We have been told that such companies will carry our economy, as the traditional industrial jobs of the past have faded away or been exported to other countries.
We see that even a giant tech company such as Microsoft is not immune to mass layoffs.
If most of the laid off workers are Nokia people then they will be laid off in Finland.
It’s just the elimination of redundant positions at what was once Nokia. There were two companies, now there is only one. Both sets of employees are not needed.
WA Ping Watch out, neighbors. More $100,000 middle managers will soon be heading to Starbucks for applications.
Agree. Yet somehow, I suspect that none of the 18,000 who have lost their jobs will appear on the unemployment numbers issued by our BLS. Further, I expect that this will eventually be touted as some Government advance in the new economic standard of equity.
My guess is that the government is now in their cabal’s lair, running focus-group presentations to dumbass entitlement leeches about how “those MS employees aren’t losing their jobs! - They’re getting a terrific opportunity at time off to do whatever-dude, and they’ve mostly got all that MS stock to fall back on.” I guarantee it.