This morning Microsoft announced that they will be cutting 5,000 jobs across the board over the next eighteen months thanks to a serious profit shortfall compared to their estimates for this last financial quarter. Some 1,400 of the lay-offs are to happen today. The round of layoffs will be the largest in company history.
Microsoft Cutting 5,000 Jobs Over Next 18 Months
Steve Ballmer Egged in Budapest
Microsoft chief executive Steve Ballmer looked more than a little surprised when a Hungarian man unleashed a verbal and egg-filled tirade today during a lecture at a Budapest university. And thanks to the wonder that is YouTube, you can witness the egging, amongst 608 other Steve Ballmer videos.
Author Contends Microsoft Can Still Steal Lunches If It Wants
Apparently we're not the only ones with hope for Microsoft! Wired Magazine published an interview this morning with Mary Jo Foley, author of the cutely-titled book Microsoft 2.0, about the future of the company as Bill Gates leaves the day-to-day ops in the hands of Steve "I walked away from Yahoo" Ballmer.
Microsoft Withdraws Bid for Yahoo
Anyone want to start taking bets on how far Yahoo stocks will drop this morning? Double your winning by guessing the proper amount of time it takes for the descent to begin.
Tired With Ranking Wealth, Forbes Moves on to the Seven Deadly Sins
(For example to measure the sin of "wrath" the magazine used murder rates for cities.)
Unsubstantiated Rumor Watch: Will the Sonics be Saved Tomorrow?
Photo by brandon 98122 from the Seattlest Flickr pool
All The News
--UW researchers have discovered how to spy on users of the new Nike+ipod sports kit.
All The News
--Where did Rem Koolhass go after building our "leave-a-trail-of-breadcrumbs-or-you'll-never-get-out-alive" library.
Young FrankenSteve
Semi-retiring Bill Gates' presumed replacement, Steve Ballmer, will hopefully someday be better known for his stewardship of the world's biggest software company than for a, um, energetic speech he gave to employees. For now, though, there's yet more fun to be had at his expense, this time by sampling Mel Brooks.
Billionaire Boys Club
According to Forbes there are nine billionaires in Washington. Damn, nine! Would you believe that of those nine not a single one are Seattlest or a friend, acquaintance or associate of Seattlest? We would. Stay tuned next week when Seattlest compiles a list of Washington's nine poorest residents which may actually include Seattlest and/or friends, acquaintances or associates of Seattlest.
Eye On Microsoft: The Giant Stirs From Slumber
Eastside software magnates Microsoft have been taking public hits recently as they attempted to sue an executive into staying put in his Redmond office, but it looks like the poor soul's successfully escaped to Google. It doesn't take a courtroom drama for Seattle to know what the tone has been like at Microsoft lately - We can hear the chair throwing echoing over the water and our friends and loved ones who reverse commute to the campus have been wearing plastic smiles for weeks. This excludes the Xbox 360 people who at least get to do something cool while they bleed money.

