Microsoft in the chips, but not for events
“Microsoft Corp., which has amassed an unparalleled cash hoard of nearly $60 billion from its world-dominating software business, announced recently that it would return a large chunk of it to shareholders…the company will pay out more than $32 billion in that one stroke, pending approval of the plan by shareholders.” (zwire.com)
But wait a minute, didn’t they just two weeks ago send a memo around saying they needed to cut $1 billion? According to this article, among those feeling the budgetary heat will be the company’s marketing and event planning departments.
The irony is killing me.
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Related Topics: Business stuff
August 5th, 2004 at 11:36 am
Just wanted you to know that I’ve added your site to my aggregator. Keep up the good work. Wondering why you don’t have a synidcation link on your blog?
August 5th, 2004 at 12:12 pm
Thanks, Gary! Actually, I do have a syndication link–it was buried at the bottom of the page. I just moved it up to the top so it’s easier to find.For anyone who doesn’t have a news aggregator–it’s the best thing to come along in a while, especially for us news junkies. Google “RSS reader” or “news aggregator” to find out more.
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