face2face

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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