Microsoft to slash 5,000 jobs, report...

Microsoft to slash 5,000 jobs, reports lower-than-expected prof...

There are 48 comments on the Chicago Tribune story from Jan 22, 2009, titled Microsoft to slash 5,000 jobs, reports lower-than-expected prof.... In it, Chicago Tribune reports that:

Microsoft Corp. said Thursday it is cutting 5,000 jobs over the next 18 months, a sign of how badly even the biggest and richest companies are being stung by the recession.

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ra44mr2

Springfield, IL

#43 Jan 22, 2009
Joe wrote:
Sorry, but you're just talking to yourself now. If you want to believe your viewpoint is in any way ethical, moral or fair, go ahead. I hope you someday work for a company where you work hard, where the company is highly profitable and they still eliminate your job because you're paid too much compared to outsourcing or hiring a younger person, or because the stock price might go down a few cents. It would serve you right, but even then you won't make the connection that anything is unfair about your coldhearted view. A struggling company must make some tough choices; one of the most successful companies in the world can afford to show a bit of loyalty to the men and women who worked on its behalf and have policies allowing everyone to weather the storm.
Joe you are completely clueless when it comes to business and economy. If you think what microsoft is doing is so wrong. Go get a competing product and build a company to put them out.

Not to mention. If you worked for Microsoft and got Laid off and not fired. I can GUARANTEE you will find a good job in less than 6 months if it even takes longer than a week or two. Id rather get laid off from MS than hired by any of the companies ive worked for thus far. Having MS on your resume in in the tech industry is like coming from Harvard. You are a fool to get mad at MS for laying off 5k people. Considering that windows and the internet drove the economy boom in the 90s you got nothing to complain about.
Alz

Englewood, CO

#44 Jan 22, 2009
Joe wrote:
Sorry, but you're just talking to yourself now. If you want to believe your viewpoint is in any way ethical, moral or fair, go ahead. I hope you someday work for a company where you work hard, where the company is highly profitable and they still eliminate your job because you're paid too much compared to outsourcing or hiring a younger person, or because the stock price might go down a few cents. It would serve you right, but even then you won't make the connection that anything is unfair about your coldhearted view. A struggling company must make some tough choices; one of the most successful companies in the world can afford to show a bit of loyalty to the men and women who worked on its behalf and have policies allowing everyone to weather the storm.
Then I'll go find another job. The idea is to keep advancing, not to expect a job for life.

And even to advance, sometimes, you lose ground a bit. But as we all can see over hundreds of years, the system that I describe has produced far for advancements and growth for people. It's why we are so far ahead of other countries.

Heck, we produce about $10,000 more of per capita GDP than Europe. That's why many of them are in the doldrums and why many of them would be in poverty if our standards were applied.

See:
http://www.breitbart.com/article.php...

and
http://www.opinionjournal.com/editorial/featu...

An excerpt:
"The growing split between the U.S. and Europe has been much in the news, mostly on foreign policy. But less well understood is the gap in economic growth and standards of living. Now comes a European report that puts the American advantage in surprisingly stark relief."

"The study,'The EU vs. USA,' was done by a pair of economists--Fredrik Bergstrom and Robert Gidehag--for the Swedish think tank Timbro. It found that if Europe were part of the U.S., only tiny Luxembourg could rival the richest of the 50 American states in gross domestic product per capita. Most European countries would rank below the U.S. average, as the chart below shows."

"The authors admit that man doesn't live by GDP alone, and that this measure misses output in the 'black' economy, which is significant in Europe's high-tax states. GDP also overlooks 'the value of leisure or a good environment' or the way prosperity is spread across a society."

"But a rising tide still lifts all boats, and U.S. GDP per capita was a whopping 32% higher than the EU average in 2000, and the gap hasn't closed since. It is so wide that if the U.S. economy had frozen in place at 2000 levels while Europe grew, the Continent would still require years to catch up. Ireland, which has lower tax burdens and fewer regulations than the rest of the EU, would be the first but only by 2005. Switzerland, not a member of the EU, and Britain would get there by 2010. But Germany and Spain would need until 2015, while Italy, Sweden and Portugal would have to wait until 2022."

"Higher GDP per capita allows the average American to spend about $9,700 more on consumption every year than the average European. So Yanks have by far more cars, TVs, computers and other modern goods.'Most Americans have a standard of living which the majority of Europeans will never come anywhere near,' the Swedish study says."

See?
Alz

Englewood, CO

#46 Jan 22, 2009
VIDEO: Dems To Spend Nearly $1 Trillion and Can't Promise 1 Job?

It's 48 seconds long:
youtube.com/watch...
RegularGuy

Joliet, IL

#47 Jan 22, 2009
Alz wrote:
VIDEO: Dems To Spend Nearly $1 Trillion and Can't Promise 1 Job?
It's 48 seconds long:
youtube.com/watch...
The last trillion we spent only provided jobs for Halliburton, the US Marine Corp, and the Army Reserves.
Alz

Englewood, CO

#48 Jan 23, 2009
RegularGuy wrote:
<quoted text>
The last trillion we spent only provided jobs for Halliburton, the US Marine Corp, and the Army Reserves.
Well, whatever monies went to those organizations, we get a lot for it.

Imagine a somewhat Democratic Iraq in the middle of the Mideast.

It will be a waste if Obama pulls the troops out and chaos comes back.

It seems you are supporting Obama's tax cut, which actually gives money to people who don't pay taxes!!! How ludicrous!
RegularGuy

La Grange, IL

#49 Jan 23, 2009
Alz wrote:
<quoted text>
Well, whatever monies went to those organizations, we get a lot for it.
I must be out of the 'trickle-down' loop, because all I see around me is massive unemployment, a huge debt that my grandchildren will still be paying off, and not a lot of anything else.
Alz wrote:
<quoted text>Imagine a somewhat Democratic Iraq in the middle of the Mideast.
It will be a waste if Obama pulls the troops out and chaos comes back.
You are looking at the world through American eyes - the same mistake we made in Vietnam.

There will not be a 'Democratic Iraq'. There will be an Islamic religious State mired in constant internal strife bordering on civil war. For centuries all that area has known is secular fighting. We have done NOTHING to change that. We are propping up an impotent regime (again, just like Vietnam) that will collapse when we leave - just like Vietnam.
Alz wrote:
<quoted text>It seems you are supporting Obama's tax cut, which actually gives money to people who don't pay taxes!!! How ludicrous!
I support the idea of reducing spending by reallocating Iraqi war money to domestic projects. I support the idea of cutting taxes to create prosperity.

Don't forget that some of the largest tax cuts in history came under Ronald Reagan. Those cuts in turn left us with a budget SURPLUS under Bill Clinton.

But even the 'best' tax reform possible at this point will still require DECADES to plug the hole dug by George Bush's hunt for WMD.
Alz

Englewood, CO

#50 Jan 23, 2009
RegularGuy wrote:
<quoted text>
I must be out of the 'trickle-down' loop, because all I see around me is massive unemployment, a huge debt that my grandchildren will still be paying off, and not a lot of anything else.
<quoted text>
You are looking at the world through American eyes - the same mistake we made in Vietnam.
There will not be a 'Democratic Iraq'. There will be an Islamic religious State mired in constant internal strife bordering on civil war. For centuries all that area has known is secular fighting. We have done NOTHING to change that. We are propping up an impotent regime (again, just like Vietnam) that will collapse when we leave - just like Vietnam.
<quoted text>
I support the idea of reducing spending by reallocating Iraqi war money to domestic projects. I support the idea of cutting taxes to create prosperity.
Don't forget that some of the largest tax cuts in history came under Ronald Reagan. Those cuts in turn left us with a budget SURPLUS under Bill Clinton.
But even the 'best' tax reform possible at this point will still require DECADES to plug the hole dug by George Bush's hunt for WMD.
You haven't seen massive unemployment yet. If Obama pulls a FDR and works to ignore business, then businesses won't have any reason or capability to hire. Unemployment could shoot to over 10%.

It's not looking good: Obama is giving a tax break to people who don't pay taxes. The welfare approach of Obama's just means the money will be spent or to pay down credit cards, but businesses know that once the money is spent, then it's gone.

Besides that, business knows that Obama and the Democrats are interested in more regulations. It will take awhile for them to figure out what to regulate and how much. Then, it will take time for the government agencies to issue rules on how the laws will be enforced. In the mean time, businesses will be uncertain on what they can do and the risk involved - so they'll stay in survival mode.

See
http://newsroom.ucla.edu/portal/ucla/FDR-s-Po...
"FDR's policies prolonged Depression by 7 years, UCLA economists calculate"

Obama is following the liberal plan.

As for Iraq, you are minimizing the work we have done - which is a mistake. A bigger mistake will be if Obama pulls out and allows what you predict to actually happen.

Remember Vietnam. We pulled out and the media ignored what happened afterwards. The Vietnamese begged for aid and the Democrats ignored them. Many died and Pol Pot was allowed to come to power in Cambodia. MILLIONS died.

We allowed the mistakes because of liberals.

Back to the vast amount of wealth lost, it didn't have to happen. But this is what happens when regulation gets out of hand. See "Root Cause" for the housing mess. Bush pushed for reforms FOUR years ago and the Democrats fought it:

http://directorblue.blogspot.com/2008/09/root...

The Wall Street problems never would have been so big. I'm not saying that Wall Street didn't need fixing (derivatives), but the size of the mess was caused by the housing mess - which was a foundation in liberal social programs. You can't make mortgages a social program. Barney Frank and Chris Dodd should have been frog marched to jail.
Montys python

Las Vegas, NV

#51 Jan 23, 2009
Alz wrote:
<quoted text>
You haven't seen massive unemployment yet. If Obama pulls a FDR and works to ignore business, then businesses won't have any reason or capability to hire. Unemployment could shoot to over 10%.
It's not looking good: Obama is giving a tax break to people who don't pay taxes. The welfare approach of Obama's just means the money will be spent or to pay down credit cards, but businesses know that once the money is spent, then it's gone.
Besides that, business knows that Obama and the Democrats are interested in more regulations. It will take awhile for them to figure out what to regulate and how much. Then, it will take time for the government agencies to issue rules on how the laws will be enforced. In the mean time, businesses will be uncertain on what they can do and the risk involved - so they'll stay in survival mode.
See
http://newsroom.ucla.edu/portal/ucla/FDR-s-Po...
"FDR's policies prolonged Depression by 7 years, UCLA economists calculate"
Obama is following the liberal plan.
As for Iraq, you are minimizing the work we have done - which is a mistake. A bigger mistake will be if Obama pulls out and allows what you predict to actually happen.
Remember Vietnam. We pulled out and the media ignored what happened afterwards. The Vietnamese begged for aid and the Democrats ignored them. Many died and Pol Pot was allowed to come to power in Cambodia. MILLIONS died.
We allowed the mistakes because of liberals.
Back to the vast amount of wealth lost, it didn't have to happen. But this is what happens when regulation gets out of hand. See "Root Cause" for the housing mess. Bush pushed for reforms FOUR years ago and the Democrats fought it:
http://directorblue.blogspot.com/2008/09/root...
The Wall Street problems never would have been so big. I'm not saying that Wall Street didn't need fixing (derivatives), but the size of the mess was caused by the housing mess - which was a foundation in liberal social programs. You can't make mortgages a social program. Barney Frank and Chris Dodd should have been frog marched to jail.
Henry Waxman is an avowed hater of the tobacco industry.Since he heads the Enviromental Affairs Committee in the House,don't be too surprised to see him add at least a $1 federal tax to a pack of cigarettes,and to work to abolish all smoking in all public places.Also see an interesting transcript from Frontline done in 2003 regarding the Glass-Stegal Act.Volkman was right on when he said banks would lower standards and invest in risky mortgage backed securities.Just Google Glass-Stegal Act.

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