Cost Cuts at MS

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Mar 4, 2006 10:36 am

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Mar 6, 2006 10:30 am

So I don't work for that clown. But is he going to kick back that $20 some million they paid him? Forgive me for not knowing the exact figure! But it sounds like he wants you to watch every penny and paper clip and  will fire you in a minute while he sits back and collects the cash! Sounds almost as bad as Jones 


Man I am glad I am indy. I could not put up with that crap!        

Mar 7, 2006 11:17 am

Today we were told that we have to bring in our own paper for the printers and that MS was no longer buying it for us!

Mar 7, 2006 11:49 am
frumhere:

Today we were told that we have to bring in our own paper for the printers and that MS was no longer buying it for us!


Did you get the bill yet for your long distance line? That one didn't bother me as much as the fee for my little mail slot at the wire room 

Mar 7, 2006 1:07 pm
mikebutler222:
frumhere:

Today we were told that we have to bring in our own paper for the printers and that MS was no longer buying it for us!


Did you get the bill yet for your long distance line? That one didn't bother me as much as the fee for my little mail slot at the wire room 



WOW          This is a first. Mike B taking a shot at MS. 

Mar 7, 2006 1:08 pm

Pay toilets and parking meters are next!

Mar 7, 2006 1:27 pm

What do you mean next.  I just went to the "loo" and i was allocated 10 piece of toilet paper.  I asked, "what if I need more".  I was then told to increase my fiber intake which will ultimately cut down on TWN (total wipes needed).  

Mar 7, 2006 2:11 pm

TWN - that's good.  But instead of toilets, wouldn't it be more profitable to simply drill a 10 ft hole in each office/cube and give you some potting soil to cover it up.  Saves on water and sewage usage and keeps you in your office.

Mar 7, 2006 2:14 pm
BrokerRecruit:

TWN - that's good.  But instead of toilets, wouldn't it be more profitable to simply drill a 10 ft hole in each office/cube and give you some potting soil to cover it up.  Saves on water and sewage usage and keeps you in your office.


Actually it's been discussed that we simply cut a hole in the floor in the restrooms and let things settle on the insurance office below us.

Mar 7, 2006 2:24 pm

FWIW, MS has obviously been sensitized to the issue of brokers leaving the firm. On the internal broker website there's "welcome new brokers" list that IDs the new recruits and the firms they came from since Jan 1. The current list is about 60 names long, and it seems most of the new arrivals came from Smith Barney (not a single ex-Joneser on the list) 

Mar 7, 2006 2:37 pm

Actually, we did cut a hole in the floor in my office and we continue to $hit on Edward Jones!  Too easy to pass up.

Mar 7, 2006 3:14 pm
frumhere:

Actually, we did cut a hole in the floor in my office and we continue to $hit on Edward Jones!  Too easy to pass up.


What in the world were you thinking leasing space in a building that would accept a Jones office as an occupant? What else is there? A check cashing store with a "rent to own" wing?

Mar 7, 2006 3:19 pm
NY_BROKER:
mikebutler222:
frumhere:

Today we were told that we have to bring in our own paper for the printers and that MS was no longer buying it for us!


Did you get the bill yet for your long distance line? That one didn't bother me as much as the fee for my little mail slot at the wire room 



WOW          This is a first. Mike B taking a shot at MS. 



You're just never going to grasp it, are you? There's joking, and then there's your hysteria (with several deadlines passed) that there will be another massive cut with a production level foolishly high. (Notice MS pre broker production is now tied with UBS and SB, second only to ML)



BTW, did MS fire you or something? I mean, everyone's entitled to an opinion, but when you chimed in whining that some MS Institutional guys were fired for taking clients to a strip club when the firm policy in big, bold letters is "DON'T TAKE CLIENTS TO STRIP CLUBS" you really seemed to have an axe to grind.

Mar 7, 2006 6:09 pm
mikebutler222:
NY_BROKER:
mikebutler222:
frumhere:

Today we were told that we have to bring in our own paper for the printers and that MS was no longer buying it for us!


Did you get the bill yet for your long distance line? That one didn't bother me as much as the fee for my little mail slot at the wire room 



WOW          This is a first. Mike B taking a shot at MS. 



You're just never going to grasp it, are you? There's joking, and then there's your hysteria (with several deadlines passed) that there will be another massive cut with a production level foolishly high. (Notice MS pre broker production is now tied with UBS and SB, second only to ML)




Perhaps you Mike B is the one who can't take a joke.