GeekMBA360

From: Steve Ballmer Sent: Thursday, January 22, 2009 6:07 AM To: Microsoft – All Employees Subject: Realigning Resources and Reducing Costs In response to the realities of a deteriorating economy, we’re taking important steps to realign Microsoft’s business. I want to tell you about what we’re doing and why. Today we announced second quarter revenue [...]

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Circuit City declared bankruptcy on November 10, 2008. A couple of months later, on Jan 16, 2009, it announced that  it would shut down its remaining 567 stores and liquidate. For us consumers, there would be some really good deals due to the liquidation sales. However, there is something particularly alarming about this news. One [...]

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A reader reported that someone just got laid off by Orbitz. Does anyone have more details about the layoff? A couple of weeks ago, Orbitz named a new CEO, and announced that “it was preparing to slash as much as $25 million from its operating expenses.” For an internet travel company like Orbitz, employees are [...]

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A tip from a reader: “One of the best American UWB (Ultra Wide Band technology) companies, Pulse-Link that was located in Carlsbad, CA laid off about 35 people on September 26th, 2008 and then, finally closed the doors on December 29th, 2008. It means that at least 50 to 60 more people were lay off.” [...]

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Just watch it. Forget recession, layoffs, office politics, augments with your loved ones, repeated failures  … Get up, and create your own life. Share and Enjoy:

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My employer recently modified our medical plans. The particular plan I enrolled offered an incentive: if I take a biometric test, and talk to a fitness counselor for five times during the year, I’ll save $20 per month for my insurance premium. Some of my colleagues were concerned about privacy issues and decided not to [...]

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I live in a master planned community. As more and more people move into the community, several new stores opened in the past year, including a gourmet pizza shop, an independent coffee shop, a hair salon, a kid music studio, and a high-end pet store. Although I enjoyed the convenience of having these stores within [...]

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"Do you know Investment Banking is really cut-throat, and you won’t have a life for a long time?" "I know, I know. My plan is to work really hard for 10 years, make a lot of money, and then retire. I’ll work really hard." I had this conversation with several of my classmates when I [...]

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Jobs said in a media advisory. "Unfortunately, the curiosity over my personal health continues to be a distraction not only for me and my family, but everyone else at Apple as well," Jobs said in a statement. "In addition, during the past week I have learned that my health-related issues are more complex than I [...]

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Take a Outward Bound wilderness course.  From over protected teenagers to stressed-out young professionals who are having quarter life crisis to mid-career professionals who are searching for purpose and meaning, I have known people from all age groups telling me that their Outward Bound experiences were transformational and life-changing. If you’re a mid-career professional, I [...]

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