A $300 million mistake is pretty big.
Well, $700 million. But then Ballmer is still running Microsoft, and he cost the company a lot more than $700 million.
Since the screw up was so big to justify a press release, you can make sure that the execs in Santa Clara are going to reexamine their outsourcing policies if they haven't already. With domestic real estate prices going down, the cost of a good domestic engineer is also going down. It is starting to balance out.
More outsourcing then to recover the $700 million :-(
Maybe it was only one mistake.. but its nearly three quarters of a BILLION dollar mistake. Most companies don't like employees that make mistakes like that.
Except Enron.![]()
I wouldn't count what happened at Enron as "mistakes".