CEO Steve Ballmer makes incredulous statement to staff:
Ballmer Memo
"Today we announced second quarter revenue of $16.6 billion. This number is an increase of just 2 percent compared with the second quarter of last year and it is approximately $900 million below our earlier expectations."
"The fact that we are growing at all during the worst recession in two generations reflects our strong business fundamentals and is a testament to your hard work. "
"we will eliminate up to 5,000 positions...of which 1,400 will occur today."
Ballmer is saying M$ is making profits, thanks to the employees, but less than expected. Oh, and you're fired. And 1,400 of you can go straight to the parking lot. Now. Goodbye.
Only Gates can beat this audacity. I wonder if the H-1Bs will stay.