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[News] [Rival] Microsoft, in Debt/Near Debt, is Milking Fired Employees

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Microsoft wants severance pay back from some fired staff

,----[ Quote ]
| Microsoft is trying to get severance money back from some employees it laid 
| off last month. 
| In letters written to an unspecified number of laid off Microsoft workers, 
| the company says that due to an administrative error the company paid them 
| too much severance.  
| "... An inadvertent administrative error occurred that resulted in an 
| overpayment in severance pay by Microsoft," the letter states. "We ask that 
| you repay the overpayment and sincerely apologize for any inconvenience to 
| you."   


Microsoft wants refund from some laid off workers

,----[ Quote ]
| Microsoft says it made an accounting error when it laid off some employees 
| last month and now feels the best way to correct the error is with what will 
| likely add up to a public relations blunder.  
| The software giant, which recently laid off 1,400 employees, sent letters 
| (see image below) this week to some of those former workers letting them know 
| that their severance payouts were a bit too "generous" and respectfully 
| requested that the former employees pay back that money, according to a 
| report Saturday on TechCrunch.     


Microsoft wants severance pay back from some fired staff


Oops: Microsoft Asks Some Laid Off Workers To Send Back Part Of Their Severance


Microsoft Asks For a Refund From Laid-Off Workers



Microsoft should have made deeper cuts, analysts contend

,----[ Quote ]
| The unprecedented layoffs and other cutbacks announced yesterday by Microsoft
| haven't appeased Wall Street. Microsoft shares are down more than 6 percent
| since the news came out, and some analysts assert that the company needed to
| go much further.


Microsoft Flight Sim grounded by redundancies

,----[ Quote ]
| On the Venturebeat blog, Dean Takahashi notes "In the past year or so,
| Microsoft has shut down or divested itself of a lot of its hit-making
| studios. It recently decided to close Ensemble Studios, maker of the Age of
| Empires strategy games, and spun out Bungie, the maker of Halo games."

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