Microsoft to lay off 10,000 employees between now and March 31st. Gaming also said to be impacted.

[MeachTheMonster]

The part yall keep ignoring is them paying 76 billion to acquire Activision and Bethesda's parent company and how that looks in this situation.

Corps lay people off all the time no doubt, but you can't tout a company having so much money and being so rich one minute, then laying off 10k people the next when you just paid billions to buy other companies. And don't get started on that goofy Sting party the night before.

that is the issue yall keep wonder womaning out here. that's why MS is getting shyt on.

With this y’all pretend to not know how capitalism works.

Any company on earth has a choice between keeping workers that aren’t increasing profit, and acquiring thousands of employees, technology and IP that will turn a profit. They will chose the later.

The amount spent on the acquisition doesn’t matter as all moves are to make more money.

We all know capitalism is amoral or even immoral at times. But we all sign up for it everyday.

I

 

[MeachTheMonster]

That's crazy man. MSFT is bad. People are losing jobs and shyt...


*Looks at options chain for MSFT*

exactly

 

[The Mad Titan]

The part yall keep ignoring is them paying 76 billion to acquire Activision and Bethesda's parent company and how that looks in this situation.

Corps lay people off all the time no doubt, but you can't tout a company having so much money and being so rich one minute, then laying off 10k people the next when you just paid billions to buy other companies. And don't get started on that goofy Sting party the night before.

that is the issue yall keep wonder womaning out here. that's why MS is getting shyt on.

So Amazon doesn't have billions to spend? Yet laid off thousands?

Sony couldn't have kept those 100 employees instead of spending 3.5 Billion on Bungie?

Where do you draw the line?


It really doesn't make sense to me.


Any company with millions or billions of spending money that lays people off y'all should be upset at.

Instead y'all mad at MS that hired 80k people while others were laying off and championed unions for laying 10k people off.

While Sony gave a two week notice and then bought Bungie for a few billy.

Not a single thread got made tho.


It's hard to take the discourse seriously.

 

[Gizmo_Duck]

 

[ORDER_66]

the juelzin and deflection is incredible.

the biggest problem with this situation is the fact of them paying 69 billion for Activision and 7 for Zenimax but turning around and canning 10k heads. That's the issue they can't seem to understand. Looks REAL shytty

At least they paid sting to perform to make them feel better beforehand...

 

[Gizmo_Duck]

At least they paid sting to perform to make them feel better beforehand...

Roxanne, you don’t have to turn on the red light (of death)

 

[ORDER_66]

Roxanne, you don’t have to turn on the red light (of death)

 

[Legal]

So Amazon doesn't have billions to spend? Yet laid off thousands?

Sony couldn't have kept those 100 employees instead of spending 3.5 Billion on Bungie?

Where do you draw the line?


It really doesn't make sense to me.


Any company with millions or billions of spending money that lays people off y'all should be upset at.

Instead y'all mad at MS that hired 80k people while others were laying off and championed unions for laying 10k people off.

While Sony gave a two week notice and then bought Bungie for a few billy.

Not a single thread got made tho.


It's hard to take the discourse seriously.

I think the problem for other people is that the comparisons don't exactly line up.

Amazon's layoffs were also shytty, but they weren't making any acquisitions.

Sony's layoffs also sucked, but they laid off 90 people, not 10,000.

People are shytting on this because the timing is absolutely awful. Saying you're going to cut 10,000 to essentially adjust overhead to match what's going on in the market while simultaneously fighting against regulators to have the right to spend $69 billion to acquire a publisher and all its studios (which may result in people getting let go too, if we're being honest) is just a bad look. Not to mention the previously posted private concert in a country known for its loose financial practices.

Engaging in capitalism is like being in a semi-open relationship. Everyone's good with a little fukking around until it starts making one party of the relationship look like they're foolishly getting taken advantage of. This veers into that territory for a lot of people.

 

[MeachTheMonster]

I think the problem for other people is that the comparisons don't exactly line up.

Amazon's layoffs were also shytty, but they weren't making any acquisitions.

Sony's layoffs also sucked, but they laid off 90 people, not 10,000.

People are shytting on this because the timing is absolutely awful. Saying you're going to cut 10,000 to essentially adjust overhead to match what's going on in the market while simultaneously fighting against regulators to have the right to spend $69 billion to acquire a publisher and all its studios (which may result in people getting let go too, if we're being honest) is just a bad look. Not to mention the previously posted private concert in a country known for its loose financial practices.

Engaging in capitalism is like being in a semi-open relationship. Everyone's good with a little fukking around until it starts making one party of the relationship look like they're foolishly getting taken advantage of. This veers into that territory for a lot of people.

Stop it.

Amazon is always acquiring shyt an canceling shyt.

Sony announced its layoffs amidst also announcing record profits and PS5 being their best selling console EVER, and also spending millions on acquiring bungie.

This thread and this “controversy” in gaming spaces is about console wars period.

 

[StretfordRed]

So the inside scoop is that it isn't just HR and recruitment. But there are also many other departments getting people cut.

For example, in the previous cuts, it was a lot of sales, but this time around it is more spread out and even corporate events, data scientists, Azure architects, etc are getting cut.

From my perspective, it never made a lot of sense why Microsoft would spend so much on another games company when there were many other smaller tactical purchases they could have made such as Mandiant for $5 billion and other smaller tech companies that would have helped them strengthen their market share in areas they're trying to grow in.

 

[The Mad Titan]

I think the problem for other people is that the comparisons don't exactly line up.

Amazon's layoffs were also shytty, but they weren't making any acquisitions.

Sony's layoffs also sucked, but they laid off 90 people, not 10,000.

People are shytting on this because the timing is absolutely awful. Saying you're going to cut 10,000 to essentially adjust overhead to match what's going on in the market while simultaneously fighting against regulators to have the right to spend $69 billion to acquire a publisher and all its studios (which may result in people getting let go too, if we're being honest) is just a bad look. Not to mention the previously posted private concert in a country known for its loose financial practices.

Engaging in capitalism is like being in a semi-open relationship. Everyone's good with a little fukking around until it starts making one party of the relationship look like they're foolishly getting taken advantage of. This veers into that territory for a lot of people.

No I get it, it looks bad but that should be for your casual followers of news and things.

The people in this thread understand better tho (or should) , but are trying to push an agenda for whatever silly reason.

For the record amazon did a few billion dollar acquisitions or at least announced some last year. And while 10k people is way more than 90, hiring 80k is way more than hiring zero and then getting rid of 90 with a two weeks notice.


I strongly agree with the bolded. It's not a matter of if, but when. In this case tho, this is not really the one for people who aren't ignorant to details to lean into to hate on MS when other companies are doing as bad or worse and they ignore.

 

[Gizmo_Duck]

So the inside scoop is that it isn't just HR and recruitment. But there are also many other departments getting people cut.

For example, in the previous cuts, it was a lot of sales, but this time around it is more spread out and even corporate events, data scientists, Azure architects, etc are getting cut.

From my perspective, it never made a lot of sense why Microsoft would spend so much on another games company when there were many other smaller tactical purchases they could have made such as Mandiant for $5 billion and other smaller tech companies that would have helped them strengthen their market share in areas they're trying to grow in.

A lot of actual devs are losing jobs, and this is going to continue for 3 months. Its a big deal which is why if you’re an xbox stan i don’t understand why you would try to handwave it away

 

[Legal]

Stop it.

Amazon is always acquiring shyt an canceling shyt.

Sony announced its layoffs amidst also announcing record profits and PS5 being their best selling console EVER, and also spending millions on acquiring bungie.

This thread and this “controversy” in gaming spaces is about console wars period.

A quick Google search indicates Amazon's last acquisition was a robotics company back in 2020, well before their most recent layoffs. And I still acknowledged that those layoffs were shytty.

Also acknowledged that Sony's layoffs were shytty, but 90 is a significantly lower number than 10,000.

In both of those cases, neither company was saying their cuts were needed for financial reasons while preparing to spend more than the reported revenue for the vast majority of Fortune 500 companies in a single acquisition. All layoffs look bad, but I can see why this would look especially bad to some. It's just incredibly unfortunate timing. It's the type of thing you would assume that someone in the loop on this decision would've considered. But maybe the PR person who would've said something was on the chopping block.

 

[MeachTheMonster]

A quick Google search indicates Amazon's last acquisition was a robotics company back in 2020, well before their most recent layoffs. And I still acknowledged that those layoffs were shytty.

List of mergers and acquisitions by Alphabet - Wikipedia

en.m.wikipedia.org

Do better googles

Also acknowledged that Sony's layoffs were shytty, but 90 is a significantly lower number than 10,000.

People are people. Those 90 people are no more insignificant than any laid of microsoft employee.

In both of those cases, neither company was saying their cuts were needed for financial reasons while preparing to spend more than the reported revenue for the vast majority of Fortune 500 companies in a single acquisition. All layoffs look bad, but I can see why this would look especially bad to some. It's just incredibly unfortunate timing. It's the type of thing you would assume that someone in the loop on this decision would've considered. But maybe the PR person who would've said something was on the chopping block.

Play semantics games sony stan brehs

 

[EastByrd]

Bad time in tech, my little cousin got his internship offer snatched.