Microsoft CEO Steve Ballmer sent a memo to his employees today. The memo goes on to tell about the rising expenses that Microsoft is facing. To trouble shoot this Steve Ballmer plans on make cuts in the advertising department, events planning, and customer-relations activities. All together this would save the software giant $1 billion dollars.
Microsoft Latest News about Microsoft is hoping to save US$1 billion from its operations and streamline the management of its 57,000 employees, according to an internal memo from CEO Steve Ballmer. Expenses have risen faster than revenues for the last three years, Ballmer points out in the memo, which is the latest in a series of annual communications to staff. "This is obviously not a trend we can continue," he notes.
Saving a Billion
Microsoft is looking to make cuts in advertising, events planning and customer-relations activities to shave $1 billion off its total operating expenses. These were $22,642 billion for the year ended June 30th 2003, compared to $20,093 billion for the previous year. Microsoft also is reviewing employee benefits, such as healthcare Latest News about healthcare, new-employee vacations and bus passes. Employees have seen perks -- such as free towels -- disappear, and they now have to pay for some drugs that previously were available for free under the company's health plan.
News source: NewsFactor
Microsoft Latest News about Microsoft is hoping to save US$1 billion from its operations and streamline the management of its 57,000 employees, according to an internal memo from CEO Steve Ballmer. Expenses have risen faster than revenues for the last three years, Ballmer points out in the memo, which is the latest in a series of annual communications to staff. "This is obviously not a trend we can continue," he notes.
Saving a Billion
Microsoft is looking to make cuts in advertising, events planning and customer-relations activities to shave $1 billion off its total operating expenses. These were $22,642 billion for the year ended June 30th 2003, compared to $20,093 billion for the previous year. Microsoft also is reviewing employee benefits, such as healthcare Latest News about healthcare, new-employee vacations and bus passes. Employees have seen perks -- such as free towels -- disappear, and they now have to pay for some drugs that previously were available for free under the company's health plan.
News source: NewsFactor
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Best known for blockbuster hits including the Warcraft, StarCraft, and Diablo series, Blizzard Entertainment (www.blizzard.com), a division of Vivendi Universal Games, is a premier developer and publisher of entertainment software renowned for creating many of the industry’s most critically acclaimed games. Blizzard’s track record includes eight #1-selling games and multiple Game of the Year awards. The company’s free Internet gaming service Battle.net® reigns as the largest in the world, with millions of active users.
that explains sooo much....
with xb 2 itll pwn and make sony cry while nintendos in the corner sucking it's thumb
I disagree with a bit of your statement. I think Microsoft is in a clear position to destroy Nintendo, in the US, anyway. I have all three systems (PS2, Xbox, GC), and I've got to say that I have been extremely disappointed in Nintendo's offering. There are a few games on there that are, no doubt, amazing (Zelda, Metroid), but otherwise, there's not much. I haven't bought a GC game in months, whereas I've bought Xbox and PS2 games as recently as a couple of weeks ago. I'm sure other people feel the same as I do.
Is there still a place for Nintendo? Sure, but they need to do a couple of things: first, get more games exclusive to GC, at least for some period of time. RE is a good start, but they need more titles that are innovative and appealing, which leads into my second point. They need to grow up. Everytime I go to EB Games, I see games like "Full Spectrum Warrior" on Xbox, "Grand Theft Auto" on PS2, and "Mickey Mouse and the Magical Mirror" for GC. I look at the new releases. Whereas Xbox and PS2 have a good variety of titles, GC has Harry Potter, Mickey Mouse, and Pokemon taking up the shelf space. It's getting to the point where buying things for GC is embarassing, unlike Xbox and PS2, which are, if not cool, acceptable by everyone's standards.
Microsoft has a lot of money but it is not infinite. People act like it is but they are getting hit pretty hard at the moment especially with the EU fine which they just put into escrow.
We saw Xerox do similar things back in 2000 when they had some serious issues. Now they are doing pretty damn well if you look how much they have turned things around in the past 4 years! Microsoft are just taking precautions. No company is 100% and with Firefox and Linux picking up more and more users they need to be that little bit more careful than they were back in 1999.
Full-time employees and interns are not affected.
how about not doing things that get you sued into paying fines and hobbling your business model?
People will always go after the people w/ the money. There are companies that just patent things and sue other people for infringing on their patent. This is why Microsoft has been aggresively patenting everything it can - to prevent lame lawsuits.
$22,642 billion = $22.642 billion
I hope this helps.
I still think windows is far from perfect, it uses too much resources and has too many services running which might be necessary but not all of them, after a while it becomes slow with so much junk. There's also a huge problem with security but SP2 is the answer to that.
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alothough this is a religious believe, what that means, is that 666 is a chip, or some type of scan code under your skin, with wich you buy things, and register things, without it, you will not be able to use anything, your computers, telephones, buying anything, etc. The goverment has you then. Oh, and this is in the bible, and you dont believe it, I'm not debating it, but dont you think that this is possible with the future technology? I think it is.
But anyways, the point is about piracy, not about religion.
Sorry to hear about the towels man.
your pal
Himosan
So a trillion is 1,000 billion, etc.
1,000,000 Million
1,000,000,000 Billion
1,000,000,000,0000 Trillion
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