We don't even know who was laid off, so the market isn't judging based upon it being a productive reduction of force -- they're reacting because in the short term, layoffs almost always improve profits, especially for an organization like Microsoft that is coasting on prior wins. It may sacrifice the future, but few of those holders have any commitment to the future.
In every post about this story, right near the top have been dreamy posts about "dead weight" and "middle management" being cut, as if all of Microsoft's prior executive bungles are suddenly being resolved (with most of the same executives, as an aside). Yet the bulk of the layoffs come from Nokia (man, Finland is going to be pissed), people whose only mistake was following a leader who was widely considered a trojan horse.
Elop keeps his job. Those people lose theirs.
And how ridiculous prejudicial for all of these people whose only mistake was being in a company that main horrendous strategy decisions time and time again -- having people title you "dead wood".
In every post about this story, right near the top have been dreamy posts about "dead weight" and "middle management" being cut, as if all of Microsoft's prior executive bungles are suddenly being resolved (with most of the same executives, as an aside). Yet the bulk of the layoffs come from Nokia (man, Finland is going to be pissed), people whose only mistake was following a leader who was widely considered a trojan horse.
Elop keeps his job. Those people lose theirs.
And how ridiculous prejudicial for all of these people whose only mistake was being in a company that main horrendous strategy decisions time and time again -- having people title you "dead wood".