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Ron Powell

Thanks for visiting my blog. As co-founder of the BeyeNETWORK, acquired by TechTarget in 2010, I am privileged to participate in many industry-related activities as a BeyeNETWORK expert covering business intelligence and analytics. These events provide me with a unique insider perspective into the business intelligence ecosystem, its products and the vendors that provide those products. I'll be sharing that invaluable information with you through this blog, which will also be a reflection my business philosophy. And, just to make this interesting, I'll be sure to include my personal point of view on a wide range of topics and share some of the stories of people I meet in my travels.

About the author >

Ron is an independent analyst, consultant and editorial expert with extensive knowledge and experience in business intelligence, big data, analytics and data warehousing. Currently president of Powell Interactive Media, which specializes in consulting and podcast services, he is also Executive Producer of The World Transformed Fast Forward series. In 2004, Ron founded the BeyeNETWORK, which was acquired by Tech Target in 2010.  Prior to the founding of the BeyeNETWORK, Ron was cofounder, publisher and editorial director of DM Review (now Information Management). He maintains an expert channel and blog on the BeyeNETWORK and may be contacted by email at rpowell@powellinteractivemedia.com. 

More articles and Ron's blog can be found in his BeyeNETWORK expert channel.

Am I the only one that feels that corporations today are accelerating today's economic problems! First the banks won't lend and have tightened the screws on all businesses because they cannot figure out their own financial position.

Does Microsoft believe that cutting 5,000 jobs because they only made a profit of $4.17 billion is really going to help? Those 5,000 will no longer be able to buy Microsoft products and I am sure the "ill will" that it causes will have an even greater effect on Microsoft's bottom line.

Here is the news:

January 22, 2009 (IDG News Service) Microsoft Corp. today said it will cut 5,000 jobs amid falling profits. About 1,400 positions were eliminated today.

The job cuts come as the company announced that fourth-quarter profits fell 11% to $4.17 billion. Revenue rose 2% to $16.6 billion.

The company said it plans to cut jobs in research and development, marketing, sales, finance, legal, human resources and IT over the next 18 months.

Microsoft projected that the cuts will trim its annual operating expense run rate by $1.5 billion and reduce its fiscal 2009 capital expenditures by $700 million.


Posted January 22, 2009 2:34 PM
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