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Morgan Stanley laying off 580. Maybe more of them should have jumped in 2008
(
finance.yahoo.com
)
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,
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,
Ponzi
,
publicly traded company
,
Bank of America
• • •
515
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on
28 Dec 2011
at
12:43 PM
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dustman81
2011-12-28 11:09:59 AM
clancifer
2011-12-28 12:50:59 PM
Done in one.
MaudlinMutantMollusk
2011-12-28 01:10:39 PM
Hey, it's never too late
Sliding Carp
2011-12-28 01:14:20 PM
I've always considered Morgan Stanley at least a tiny bit better than the other parasites - they opensourced
Aplus
, their proprietary APL-based language, once they moved on to a different platform, instead of burying it like most other companies would.
video man
2011-12-28 02:03:28 PM
Well, duh. The 7970 is going to be here in 6 days.
/Not often do you get to make a joke about GPUs.
FreakinB
2011-12-28 02:13:48 PM
Well, shiat.
/close friend of mine works there
//not in a "farking up the world" capacity
bravian
2011-12-28 02:20:02 PM
Any of them from the risk management department?
/hot like a margin call
Trolljegeren
2011-12-28 02:53:04 PM
What is wrong with you people? Can't you see that these poor
thieves
Wall Streeters need help?
We could push them.
Another Government Employee
2011-12-28 03:02:21 PM
But it won't involve anyone eligible for a bonus.
BalugaJoe
2011-12-28 03:08:31 PM
They could become Fark mods.
kindms
2011-12-28 03:13:55 PM
sucks people are going to lose their jobs.
But since most of their jobs could be replaced by a computer script not surprised.
RickyBRicky
2011-12-28 03:27:10 PM
Another Government Employee
:
But it won't involve anyone eligible for a bonus.
Actually they probably all were bonus eligible. You get rid of them before bonuses are paid so that there are fewer people to spread the pool to.
crotchgrabber
2011-12-28 04:17:08 PM
Poor job creaters.
Old enough to know better
2011-12-28 07:42:20 PM
As someone who was informed after working my ass off all Christmas weekend that our company won't be giving out time-and-a-half pay this year, I can but laugh.
Beats cryin' or punching someone.
Goodfella
2011-12-28 07:55:47 PM
1%ers welcome to the 99%.
Problem?
rubi_con_man
2011-12-28 08:18:53 PM
This just in: Morgan Stanley to open offices in low-cost regions, having let go of their middle- and lower- tier employees in the NYC area.
/guess where I used to work ?
/guess where my job moved?
/guess what? Once they had my replacement hired and up to speed (in middle-america) they let me go (from New York City).
Lsherm
2011-12-28 09:56:40 PM
kindms
:
But since most of their jobs could be replaced by a computer script not surprised.
At my last company during my first week of work I met a woman who worked in the data center control room but didn't monitor any systems. When I asked her what her job was, she said she synced one of the company directories with another every night to reflect changes (it was Banner syncing to Sun LDAP). I was trying to impress my boss, so I scripted the sync and scheduled it to run three times a day, which at the time was a vast improvement over waiting for this woman to run the job whenever she felt like it.
They laid her off a month later. I felt horrible, but they had apparently been trying to get rid of her for years, and my script gave them ammo for a "redundancy" layoff, which was the only real way to fire people at the company. Later I found out she would routinely "forget" to sync the directories and refused to learn to do anything else, so I felt a little better. If your entire job requires 20 minutes of work a day, you damn well better make sure you do it.
CokeBear
2011-12-29 08:33:03 AM
I initially mis-read the headline as "...more of them should have jumped in 2001" and thought it was a reference to 9/11.
/Would have been just as funny
//Unless its too soon?
ekdikeo4
2011-12-29 11:11:34 AM
CokeBear
:
I initially mis-read the headline as "...more of them should have jumped in 2001" and thought it was a reference to 9/11.
/Would have been just as funny
//Unless its too soon?
I thought the same thing, as well. Morgan Stanley lost some big offices in that.
SDRR
2011-12-29 11:36:40 AM
Old enough to know better
:
As someone who was informed after working my ass off all Christmas weekend that our company won't be giving out time-and-a-half pay this year, I can but laugh.
Beats cryin' or punching someone.
No, punching someone would certainly be better.
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