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September 30, 2009
Microsoft Execs Get Pay Cuts; No One Feels Sorry for Them
Microsoft has filed a document with the SEC showing that top executives at the software giant have received pay cuts. Basically, some millionaires are making a few million less than they normally would.
In related news, Kleenex was having a hard time moving tissue boxes off the shelves this week.
Meanwhile, Steve Ballmer released a 1,300 word dissertation on his thoughts regarding the "new normal" which is translating into the "new efficiency." Basically, people are saving more and spending less. You would think that would translate into a lower Windows 7 price, but somehow I doubt that's gonna happen.
Instead, Ballmer talked about how upgrading to Windows 7 will save companies money in the long run. Pay now, benefit later. That must have been the theme for those pay cut conversations with the execs as well.
Posted by Nathania Johnson on September 30, 2009 2:56 PM
