So MS Bought Nokia and ~30k employees for ~$7.2 billion last April. 3 months later, MS may now be firing ~half of the Nokia group. The executives who drove that catastrophic deal stay. What a testament to how disastrous big M&A really is. Is there any large acquisition that succeeded in the last 10 years? I'd feel sorry if I was a Nokia guy there, they pulled out the best non-Apple phone hardware in the last years. P…
Microsoft Looks to Cut Up to 18,000 Jobs
101–110 of 338 posts
Re: Microsoft Looks to Cut Up to 18,000 Jobs
#102Stephen Elop's email on the same topic, but focused on ex-Nokians: http://www.microsoft.com/en-us/news/press/2014/jul14/07-17an... tl,dr;: - Nokia X is dead - other Devices departments are not affected/the effect is limited
Re: Microsoft Looks to Cut Up to 18,000 Jobs
#103"Following the Nokia acquisition, completed in April, Microsoft had roughly 127,104 employees[...]" I don't have knowledge about managing a company, but is it at all possible to efficiently lead 127000+ employees? Has MSFT become a non-manageable behemoth?
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A lot of people have been saying for a long time that Microsoft's biggest problem is that its various divisions work at cross-purposes, even competing and fighting with each other.
Re: Microsoft Looks to Cut Up to 18,000 Jobs
#104So MS Bought Nokia and ~30k employees for ~$7.2 billion last April. 3 months later, MS may now be firing ~half of the Nokia group. The executives who drove that catastrophic deal stay. What a testament to how disastrous big M&A really is. Is there any large acquisition that succeeded in the last 10 years? I'd feel sorry if I was a Nokia guy there, they pulled out the best non-Apple phone hardware in the last years. P…
Yes, many. Think of the Lenovo-IBM deal -- massive success. The Facebook-Whatsapp deal is 2.5x bigger than this acquisition, we'll see how that works out (financially). Google-Youtube is a big one that can be considered as a big success as well. Ebay-Paypal. FB-Instagram.
Re: Microsoft Looks to Cut Up to 18,000 Jobs
#105And now, every day for a year, everyone gets to wake up and wonder if this is the day that they will get laid off. Why can't they wait and make the announcement once they know who they will eliminate and do it in one swift action? Why put people in limbo for a year?
Re: Microsoft Looks to Cut Up to 18,000 Jobs
#106So MS Bought Nokia and ~30k employees for ~$7.2 billion last April. 3 months later, MS may now be firing ~half of the Nokia group. The executives who drove that catastrophic deal stay. What a testament to how disastrous big M&A really is. Is there any large acquisition that succeeded in the last 10 years? I'd feel sorry if I was a Nokia guy there, they pulled out the best non-Apple phone hardware in the last years. P…
Is there any large acquisition that succeeded in the last 10 years? You might have the wrong criteria for acquisition success. I'm sure both Nokia and MS knew these layoffs would come before they agreed to the purchase.
Re: Microsoft Looks to Cut Up to 18,000 Jobs
#107Earlier quoted context omitted.
I'm assuming that an announcement like this could effect stock prices. I have no knowledge of stock trading at all, but I would assume they would announce something like this if they expected it to have a positive effect.
Stock is up over 45 now . . . Getting rid of dead wood is a great idea. Tons of middle management there, just sitting for years and causing obstructive damage.
Re: Microsoft Looks to Cut Up to 18,000 Jobs
#108Earlier quoted context omitted.
Instead of writing "Christ", you should consider posting an email as if you were the one newly responsible for a $364B company and a reduction in 18,000 jobs. I'd be curious to see other people's management style from their armchair.
I would spontaneously combust if I were responsible for a $364B company on a good day, never mind deciding how layoffs should be done. It's just surprising that parody-level corporate-speak still gets used despite having being derided for years in mainstream press and conversation.
I used to believe that if one were selective, he could find discerning groups of people where political shenanigans were of minimal effect. I've since learned that no matter what, politics is a matter of survival in any group of 5+ people, especially in cultural circumstances that emphasize individual independence and freedom.
We can't fault a corporate CEO for donning highly-sanitized corporate political speech. Like it or not, executives would be dead meat without it.
Re: Microsoft Looks to Cut Up to 18,000 Jobs
#109Earlier quoted context omitted.
Instead of writing "Christ", you should consider posting an email as if you were the one newly responsible for a $364B company and a reduction in 18,000 jobs. I'd be curious to see other people's management style from their armchair.
I would spontaneously combust if I were responsible for a $364B company on a good day, never mind deciding how layoffs should be done. It's just surprising that parody-level corporate-speak still gets used despite having being derided for years in mainstream press and conversation.