Microsoft, like every other company large or small, has suffered at the hands of the recession. After posting poor financial results for the last quarter, it is still eager to cut costs. But where? How about canceling the annual company picnic? Yogi Bear will be pleased.
Microsoft usually holds a huge company picnic for all its workers based in the Puget Sound area. How huge? Around 41,000 employees live in the area, add in their families, and it’s fair to say huge is an understatement of epic proportions.
Thursday saw Microsoft announce its third quarter earnings report. Although the news was mixed, it was generally bad. The worst news was that Microsoft posted its first ever year-on-year decline in revenue since it went public in 1986.
Those folks can do without the perks -- their pay is high enough!! Years ago, I worked for a company that gave each employee a turkey or ham at Christmas but little in the way of regular pay -- I'd always choose pay over perks!!!
Vindicated, I worked for one of those too. It was a second job, but a turkey at Thanksgiving is what we would get. It actually worked ok for me because several folks there didn't want their turkeys. So for 4 years, I would take home anywhere from 5-8 turkeys. Enough bird to last me all year. Saved on my grocery bill. LOL!
Oh, and poor microsoft employees...no company picnic...how can they ever survive working for such a horrible company?
-- Edited by estraya_01 on Tuesday 28th of April 2009 12:14:17 PM