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Microsoft to Eliminate Up to 18K Jobs Over Next Year
FoxBusiness.com ^ | 7/17/2014 | Victoria Craig

Posted on 07/17/2014 5:45:35 AM PDT by mykroar

Edited on 07/17/2014 6:30:34 AM PDT by Admin Moderator. [history]

In a letter to employees early Thursday, Microsoft CEO Sataya Nadella said the tech giant will slash its workforce by as many as 18,000 jobs over the course of the next year, with the first round of 13,000 cuts coming within the next six months.


(Excerpt) Read more at foxbusiness.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: economy; job; layoff; microsoft
Saw an article yesterday they were thinking around 5,800. So much for that.
1 posted on 07/17/2014 5:45:35 AM PDT by mykroar
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To: mykroar

The Nokia part is gonna be getting the biggest axe it looks. I guess that’s to be expected. Always bad to be in the ‘bought’ company. The buyer one cleans house pretty quick.

Windows phone 8 is actually pretty nice and I hope they can keep it going, since a 3-way competition with it, android, and ios seems best to me.


2 posted on 07/17/2014 5:47:11 AM PDT by Monty22002
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To: mykroar
Maybe instead of spending all their money on amnesty and common core they should have been investing in beta testing. They may have learned that people hate using their products.
3 posted on 07/17/2014 5:48:33 AM PDT by demshateGod (The fool hath said in his heart, There is no God.)
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To: mykroar
Maybe instead of spending all their money on amnesty and common core they should have been investing in beta testing. They may have learned that people hate using their products.
4 posted on 07/17/2014 5:48:33 AM PDT by demshateGod (The fool hath said in his heart, There is no God.)
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To: mykroar

I hope it’s that whole human factors department that keeps asking you “Do you really want to do this? The file will be lost.”

“Okay, you want to delete it, but are you really sure? We may not be able to get it back for you.” [Yes]

“We see you really are determined to delete this file. Are you really, really, really, positively sure?” [Yes]

“Okay, we’ll do it - but we don’t like it.” [so what]

“Okay, okay, we deleted it. But just in case you didn’t want to do that, we’ve saved it somewhere it’ll be near impossible for you to find and delete.” [Delete]

“Have a nice day.” [GFY]


5 posted on 07/17/2014 5:50:56 AM PDT by Gaffer
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To: mykroar

But of course, there is still a critical need for more H1B visas due to the shortage of STEM workers. And amnesty for all illegals is critical to future of the US, at least according to Gates and his billionaire buddies.


6 posted on 07/17/2014 5:51:10 AM PDT by Will88
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To: mykroar

7 posted on 07/17/2014 5:52:47 AM PDT by Iron Munro (The Obamas Black skin has morphed into Teflon thanks to the Obama Media)
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This Is Why We Need FR!


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Support FR, Donate Monthly If You Can

8 posted on 07/17/2014 5:55:51 AM PDT by DJ MacWoW (The Fed Gov is not one ring to rule them all)
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To: mykroar

But, but, but the economy is on the upswing!


9 posted on 07/17/2014 5:59:43 AM PDT by subterfuge (Hey NSA snoop, get a real job you idiot!)
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To: mykroar

Wow.

Just wow.

That will leave a mark.


10 posted on 07/17/2014 6:00:59 AM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: mykroar

18,000 jobs to be lost through layoffs? Look for the jug-eared Marxist’s Labor Department to drop the unemployment number another 2%...


11 posted on 07/17/2014 6:06:18 AM PDT by Common Sense 101 (Hey libs... If your theories fly in the face of reality, it's not reality that's wrong.)
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To: mykroar

12 posted on 07/17/2014 6:07:04 AM PDT by Iron Munro (The Obamas Black skin has morphed into Teflon thanks to the Obama Media)
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To: mykroar

Man, are we rockin’ this economy, or what?!

Or what.


13 posted on 07/17/2014 6:07:23 AM PDT by hsrazorback1 (Seek truth.)
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To: mykroar

WOW 18,000 more people who will be liberated, not tied down to a job. They will be able to spend more time with their families, pursue their hobbies, etc., and all of those unemployment benefits are a boon to the economy. Can’t wait to hear Nancy Pelosi come out with her remarks on how wonderful this is.


14 posted on 07/17/2014 6:20:37 AM PDT by NEMDF
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To: demshateGod
Maybe instead of spending all their money on amnesty and common core they should have been investing in beta testing.

Microsoft is the company most heavily invested in beta testing now.

Every customer is a beta tester!

15 posted on 07/17/2014 6:22:47 AM PDT by null and void (If Bill Clinton was the first black president, why isn't Barack Obama the first woman president?)
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To: All

Wait a minute...didn’t the Dear Leader of Microsoft along with 2 other billionaires claim the US needs to import hundred of thousands additional so called high skilled workers to fill positions???? This and the Camp of the Saints scenario playing out on the Rio Grande should put an end to talk about immigration “reform”.


16 posted on 07/17/2014 6:24:46 AM PDT by C19fan
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To: mykroar

This is a great example of how far Bill Gates is detached from reality. Clearly, there is disconnect between reality and his promotion of amnesty.


17 posted on 07/17/2014 6:29:46 AM PDT by boycott
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To: boycott

Bill Gates hasn’t been involved with Microsoft since 2008. Steve Ballmer is the man pulling the strings, and yes, he’s quite detached from reality.


18 posted on 07/17/2014 6:47:37 AM PDT by rarestia (It's time to water the Tree of Liberty.)
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To: C19fan

That was Bill Gates (Gates Foundation) who hasn’t been the head of Microsoft for some time along with Buffet and Adelson. Steve Ballmer took over from Gates and Satya Nadella took over earlier this year.


19 posted on 07/17/2014 6:49:11 AM PDT by Seattle Conservative (God Bless and protect our troops)
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To: mykroar
Related story:

Move over, Windows; Google and Apple are movin’ in
20 posted on 07/17/2014 6:51:34 AM PDT by TomGuy
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To: NEMDF

And they will be available to do their share of taking care of those little tykes coming across the southern border.

Amazingly, that resolves 2 problems.


21 posted on 07/17/2014 6:54:03 AM PDT by TomGuy
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To: demshateGod

What they should have done is kept Windows XP and continued selling it as a low-cost option for those who don’t want to upgrade.


22 posted on 07/17/2014 6:55:56 AM PDT by Extremely Extreme Extremist
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To: mykroar
They can use the soon to be empty Nokia manufacturing plant in Texas to house those "undocumented refugees"...


23 posted on 07/17/2014 7:00:55 AM PDT by Dallas59
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To: rarestia

Bill Gates hasn’t been involved with Microsoft since 2008. Steve Ballmer is the man pulling the strings, and yes, he’s quite detached from reality.


I know that.

Bill was recently pushing amnesty on us. He’s detached from reality. Reality for Bill is $50+ billion in the bank.

Reality for me is that I’ve figured I will be able to comfortably retire when I am about 123 years old. That’s if everything goes as planned.


24 posted on 07/17/2014 7:03:01 AM PDT by boycott
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To: mykroar
Obamanomics!!
25 posted on 07/17/2014 7:10:57 AM PDT by SoFloFreeper
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To: Will88; C19fan
Will88 wrote:

But of course, there is still a critical need for more H1B visas due to the shortage of STEM workers. And amnesty for all illegals is critical to future of the US, at least according to Gates and his billionaire buddies.

As indicated by the most of the commentary at this link, the shortage of STEM workers is a myth.

26 posted on 07/19/2014 1:14:17 AM PDT by remember
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To: Will88; C19fan
C19fan wrote:

Wait a minute...didn’t the Dear Leader of Microsoft along with 2 other billionaires claim the US needs to import hundred of thousands additional so called high skilled workers to fill positions????

Yes, and this will open up that many more positions! However, defenders of the layoff have assured us that this will not be used as an excuse to bring in more cheap labor as H-1B hires make as much as any other workers. Regarding that claim, I checked the Labor Condition Application (LCA) data posted online and used it to create the following graph showing the starting wage divided by the official prevailing wage for the 2072 H-1B employees certified in 2013 to work for Microsoft in Redmond.

Microsoft H-1B Hires in Redmond in 2013

As you can see, the great majority of them made between 1 and 1.5 times the "prevailing wage". However, Wikipedia states the following about the "prevailing wage":

DOL has split the prevailing wage into four levels, with Level One representing about the 17th percentile of wage average Americans earn. About 80 percent of LCAs are filed at this 17th percentile level[citation needed]. This four-level prevailing wage can be obtained from the DOL website,[69] and is generally far lower than average wages[citation needed].

The "prevailing wage" stipulation is allegedly vague and thus easy to manipulate[citation needed], resulting in employers underpaying visa workers. According to Ron Hira, assistant professor of public policy at the Rochester Institute of Technology, the median wage in 2005 for new H-1B information technology (IT) was just $50,000, which is even lower than starting wages for IT graduates with a B.S. degree. The US government OES office's data indicates that 90 percent of H-1B IT wages were below the median US wage for the same occupation.[70]

Hence, the wages paid by Microsoft, while possibly better than some of the outsourcing firms, are not that impressive. They may still be hiring some H-1Bs because they are tied to the company and tend to be younger (see the third table and graph at http://econdataus.com/h1binfo.htm).

In any event, I have worked with many H-1B workers and they are generally very good. That's not surprising since only the better foreign programmers tend to get hired and are willing to take the risk of working in a foreign country. However, we still need better rules to ensure that companies follow the intent of the H-1B program to hire the best and the brightest who are more likely to create jobs than to take jobs that would go to Americans. One would be a minimum wage of $100,000 for H-1B workers as suggested by the Programmer's Guild. Another might be to put some sort of limit on the number of foreign workers that a company could hire. According to the census numbers at this link, about half of software developers in Silicon Valley are not citizens, about a quarter are naturalized citizens, and about a quarter are citizens by birth. Hence, the great majority of H-1B visa workers are NOT being brought in to fill unique, special skill jobs.

27 posted on 07/19/2014 1:25:32 AM PDT by remember
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