They only layoff administrative and sales people, NOT qualified consultants. Have you ever worked in an environment where marketing people goof-off and clerks/ co-workers surf the web? Let me tell you a similiar story. My best friend works at Boeing for 15yrs. In his SW development group, there are few girls who hardly do any thing. In fact, one girl could not define what is the area of the circle. The other girl surf the web to plan her wedding. Others go around and chat with male coworkers. His group can NEVER get rid of those people. One time, Boeing loaned one girl to TRW for a few months for other project. When the project over, she came back to the group did not want to do or learn anything. Of course, the easy part left for her is to clean her desk, putting makeup (euh) and do documentation.
The point is company can't fire employee easily, when there is layoff, those employees are the first in-line. BA does have problem with management and they are trying to work on it. The dilema is most technical group lack of women so company try to balance by hiring women and don't ask heavy technical questions during interview. With this high economic growth, it's even harder to find skilled workers.
I hate to say this, I am not trying to classify gender since I am a female technical person, I am probably more sensitive to productivity than men. In fact, during my undergrad and grad school I found men worker a little harder than women (but women can do sweet talk :-)
Anyway, PSFT might plummet for a while but that's part of investing. ORCL was 17 exactly a year ago. No pain, no gain. Everyone wants to take the money to play somewhere else and revisit PSFT when it starts rising. In theory, that's good. In practic, can any one success? Not even hedge fund managers. What is the cost and benefit of losing night sleep to hold Internut stocks? Tulip mania season.
Kacey, |
