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Microsoft Internal Startup Exec To Leave
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| Sanjay Parthasarathy, the Microsoft (NSDQ: MSFT) corporate vice president who
| oversees the company’s Startup Business Accelerator group—which was set up
| last year with the charter of building new businesses for the company—is
| leaving Microsoft, paidContent has learned. The announcement was made
| internally this week, although a spokeswoman said that Parthasarathy made the
| decision to retire late last year for personal reasons.
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http://www.paidcontent.org/entry/419-microsoft-startup-exec-to-leave-following-big-cutbacks/
Longtime Microsoft executive leaving company
http://news.cnet.com/8301-13860_3-10264003-56.html
Recent:
Another Microsoft Corporate VP leaves the nest
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| I missed this: Gerri Elliott, Microsoft’s Corporate Vice President of its
| Worldwide Public Sector business, is out.
|
| [...]
|
| Update: The more you dig, the more quiet executive resignations/departures
| you find. Two more Microsoft Corporate VPs — Lewis Levin and Richard McAniff,
| both with Office — also left Microsoft at the end of last year. Perhaps there
| really is a case to be made that attrition will end up reducing Microsoft’s
| ranks without full-timers being let go….
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http://blogs.zdnet.com/microsoft/?p=1831
Rumors: Microsoft Layoffs Coming Jan. 15 (MSFT)
http://www.alleyinsider.com/2008/12/rumors-microsoft-layoffs-coming-jan-15-msft
Search Biz: MSFT Layoff Rumors, Google Chrome Complicates Mozilla Relationship
& More
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| First up, we’ll hit the rumor mill. The Mini-Microsoft blog is getting and
| posting a lot of comments purportedly left by Microsoft employees who are
| being warned/told that job cuts are coming on January 15, 2009. Some of the
| comments are just things heard on the grapevine, while others are from people
| specifically told in meetings that they have “four weeks left.” The blog
| appears to be written by a MSFT employee, and most of the comments are pretty
| obviously from company employees. If the rumors turn out to be true,
| Microsoft would be following in the footsteps of Yahoo, who just did a big
| round of layoffs earlier this month, and Google’s cutbacks of its contractor
| workforce.
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http://searchengineland.com/search-biz-11-15938
Rumors of Upcoming Microsoft Cut-Backs
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| Come 22 Jan 2009 Microsoft will be asked by the analysts what it is doing to
| contain costs. And I believe Microsoft will have an answer. I think this is
| one solution that you don't want to be a part of. I'm all for cutting back,
| but it should have been done long ago, responsibly, vs. forced upon us.
| Because I believe when things turn around, groups will be lighting the
| sparklers and cracking open the Kristal and hiring madly again.
`----
http://minimsft.blogspot.com/2008/12/rumors-of-upcoming-microsoft-cut-backs.html
Microsoft Profit, Sales May Fall Short, Bellini Says
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| Microsoft Corp. may have to warn shareholders that profit and sales will fall
| short this quarter for the first time since 2000, according to Heather
| Bellini, an analyst at UBS AG.
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http://www.bloomberg.com/apps/news?pid=20601087&sid=avsV8CziCIOU&refer=home
Will Microsoft miss its quarterly estimates?
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| A Microsoft analyst thinks that the company might have to warn shareholders
| that its results won't match forecasts, according to Bloomberg News.
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http://blog.seattlepi.nwsource.com/microsoft/archives/156250.asp?source=rss
Razorfish cuts West Coast staff
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| Rumors have circulated for months that Microsoft may be looking to sell the
| Razorfish business, though CEO Clark Kokich told TechFlash last month that
| there was nothing in the works. However, he didn't rule out the possibility
| down the road.
|
| "That doesn't mean that two to three to four years from now, it might not
| happen," Kokich told reporter Eric Engleman.
`----
http://www.techflash.com/microsoft/Layoffs_hit_Razorfish35539414.html
Microsoft's Razorfish cuts NYC staff
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| Microsoft's online ad agency Razorfish laid off 40 staff in its New York
| office this afternoon, citing a dropoff in business from the financial
| services sector.
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http://www.techflash.com/microsoft/Microsofts_Razorfish_online_ad_agency_cuts_NY_staff33609649.html
Microsoft Cuts Staff at FAST Search Division
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| Xconomy received a report last week that the Oslo, Norway-based FAST Search
| division of Microsoft, which has a 180-person outpost in Needham, MA, and a
| smaller office in New York, had laid off 25 people in its U.S. offices.
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http://www.xconomy.com/boston/2008/11/25/microsoft-cuts-staff-at-fast-search-division/
Ex-Microsoft boss sentenced
http://seattlepi.nwsource.com/business/371393_msftcourt19.html
Former Microsoft Manager Gets 2 Years In Jail
http://news.portalit.net/fullnews_former-microsoft-manager-gets-2-years-in-jail_1427.html
SEC Foresees Rise in Fraud Cases
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| Laying out his priorities, the new enforcement chief for the Securities and
| Exchange Commission in San Francisco said Thursday he expects an upswing in
| fraud cases against public companies.
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http://www.law.com/jsp/article.jsp?id=1202424479239
Related:
Microsoft's Accounting Under Scrutiny
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| The company has still not made enough information public to provide analysts
| with detailed information on the profitability of its MSN Internet business,
| Mr. Galvin said, adding, ''There's still room for them to obfuscate.''
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http://query.nytimes.com/gst/fullpage.html?res=9A03E1DC173DF932A35754C0A96F958260
Microfraud?
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| THE ALLEGATIONS WERE shocking: For years, Microsoft has systematically
| distorted its profit figures in an effort to consistently beat Wall Street
| expectations and keep its stock price steadily rising. The false reports
| would violate SEC regulations, and amount to outright fraud.
|
| More shocking was the source of the allegations: Microsoft's chief of
| internal audits, Charlie Pancerzewski, who reported directly to the company's
| chief financial officer.
|
| Most shocking of all was what happened to Pancerzewski when he reported the
| suspicious bookkeeping to his supervisors, Microsoft CFO Mike Brown and chief
| operating officer Bob Herbold, in the spring of 1995. Soon afterward,
| Pancerzewski—who for nearly five years had received stellar performance
| evaluations—received his first-ever unsatisfactory one, and was eventually
| forced to resign.
|
| Two months ago, Microsoft quietly settled a lawsuit containing these
| allegations, filed in 1997 by Pancerzewski under the Whistleblowers
| Protection Act. The auditor claimed he was wrongfully terminated after
| telling his supervisors that Microsoft might be breaking securities and tax
| laws. The lawsuit made its tortuous way through several rounds of pretrial
| motions until last fall, when US District Judge Carolyn Dimmick denied
| Microsoft's final plea for summary judgment, finding credible evidence that
| Microsoft may have violated SEC rules, as Pancerzewski alleged. Shortly
| thereafter, Microsoft and Pancerzewski settled out of court. Terms of the
| agreement were sealed, but one source who claims familiarity with the case
| says that Microsoft paid Pancerzewski $4 million.
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http://web.archive.org/web/20070308032343rn_2/www.seattleweekly.com/1999-01-06/news/microfraud.php
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