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

[Gizmo_Duck]

They going in on resetera

I knew it was only a matter of time. The more he talks the more opportunity for him to show his ass lol

 

[Rekkapryde]

This is why I purposely pursue nonprofit companies. No shareholders to please. When the first mission is to please them, shyt gets real out here real quick.

Bingo

 

[Rekkapryde]

shyt, you can take the "tech" off that, breh. I work for one of the larger logistics companies, and the exact same thing happened to us. Companies capitalized on the pandemic, and staffed accordingly. Now that things are starting to cool off, companies are seeing that the increased headcount didn't necessarily equate to increased productivity and revenues.

Microsoft is no different, and aside from the unfortunate timing, this really doesn't have much at all to do with the Activision purchase.

You work for Exel?

 

[CeoKazuoHirai]

Beautiful news. Our competitor will be brought down to it's knees. Phil Spencer's day is coming.

 

[Canon]

Sony is hiring

 

[Canon]

The $80 billion that they are trying to pay for ActiBlizz and ChatGPT could pay those employees over $130k per year…for the next 60 years.

Trash ass company.

Thank you

I don’t understand how anyone can begin to defend this

 

[ALonelyDad]

Halo infinite, franchise killer

 

[Gizmo_Duck]

Halo infinite, franchise killer

We all saw it coming, Halo is pretty much dead

Its not even in the top 20 most played xbox games

 

[Apollo Creed]

all these tech companies hired so much people during covid and are now going back to pre covid headcounts

that covid money had hella folks around and feeling themselves

 

[Gizmo_Duck]

 

[Gizmo_Duck]

thats crazy they are cutting devs from Starfield team

 

[GoldenGlove]

I'm interested in seeing the number breakdown, I'd bet most are from marketing.

 

[MeachTheMonster]

employees will receive “above-market severance pay,” healthcare coverage for six months, continued vesting of stocks for six months, career transition services, and 60 days’ notice prior to termination.

Sucks to lose your job, but there’s way worse ways to go.

 

[Gizmo_Duck]

.

 

[Noriega]

Tech layoffs all around. Recession looming. Housing bubble bout to pop.

Gone be a wild year

Y’all said this last year and the year before