Tuesday, September 20, 2016 3:18:58 PM
The reason that MSFT uses contractors and companies like COWI is because it is cheaper and temporary. They don't have to pay high salaries, provide benefits (retirement, vacation, etc.) and can terminate them with little to no notice with no severance (which in technology can be considerable). So they contract with companies like CoroWare to provide people on 6-12 month contracts. When the time is up, they can't work at Microsoft again for another 12 months. Good for Microsoft, not so much for CoroWare. Which is why CoroWare constantly has to hire new people - all they do is provide workers to Microsoft, no different from hundreds of other Microsoft contractors.
Recent COWI News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/01/2023 09:20:45 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 09:47:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/27/2023 12:30:16 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/22/2023 07:13:47 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2023 08:00:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/07/2023 12:35:32 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 07/17/2023 02:06:52 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 06/28/2023 06:46:02 PM
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