I went to Business School, so I know the deal…fewer employees create higher profits and larger dividends to shareholders. But I still carry deep-seated humanist tendencies, instilled by my working class family, that cause me to experience grief upon hearing this news.
18,000 people are losing their jobs. 18,000 people are looking at their last paycheck and feeling real fear, dread, depression, anger, helplessness. 18,000 people have to deliver bad news to the people they love.
The coverage on the financial news channel contrasted sharply with my emotional reaction. The anchors had big smiles, focusing on the good news for Microsoft shareholders. They interviewed an analyst who actually stated that he was overjoyed with this move by Microsoft. He felt that the Nokia acquisition was a bad move, and this was a good exit strategy. A huge portion of the people being let go are former Nokia employees.
My inner worker is shocked by the soulless-ness of the situation. Big corporation Microsoft turns its greedy eyes towards a shiny manufacturer of outdated products and screams, “Mummy, I want that!” Mama Board of Directors says, “Okay, but don’t break it.”
Greedy corporation swallows the shiny jewel and it comes out the other end as a stinky turd.
I guess B-school didn’t manage to brainwash me enough, which is why I am facing huge loan repayments with no change in my station in life. If I could just convert my depression into sociopathy, I could afford those crippling payments.