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

ORDER_66

The Fire Rises 2023
Bushed
Joined
Feb 2, 2014
Messages
146,218
Reputation
15,772
Daps
583,919
Reppin
Queens,NY
Microsoft Hosted Sting Performance in Davos on Night Before It Announced Layoffs

5 hours ago

Microsoft Hosted Sting Performance in Davos on Night Before It Announced Layoffs​

By Tom Dotan and Sam Schechner
im-706060

Sting performing last summer at a festival in Switzerland.LAURENT GILLIERON/SHUTTERSTOCK
On Tuesday evening, Microsoft hosted an event. It was an intimate gathering of 50 or so people, including the company’s top executives, who got to while away the evening listening to a performance by the musical artist Sting, said people familiar with the event.
The concert would end up sounding a sour note to some employees at Microsoft the next morning. On Wednesday—while much of the company’s leadership team was halfway around the world from its Redmond, Wash. headquarters—it announced plans to lay off 10,000 people. It’s the largest layoffs Microsoft has had since 2014, and as CEO Satya Nadella would explain in a blog post, reflected the need for the company to adapt to a global economic slowdown.
Top Microsoft executives have been a major presence at this year's World Economic Forum. On Tuesday Mr. Nadella was interviewed on stage for a Wall Street Journal panel and he spoke about the promise of artificial intelligence. On Wednesday he was on stage again, discussing the headwinds for the tech industry, and the need to do more with less.
As the Microsoft layoffs came down, some employees described it all as a bad look. While hobnobbing at Davos is part of doing business for major tech corporations and the events are planned far in advance making it difficult to change them, some employees thought it wasn’t the right time for a company-sponsored Sting concert. The theme of the event was sustainability.
Many top tech companies have pivoted to cutting thousands of positions in recent months as the business climate has deteriorated on the back of economic slowdown concerns, high inflation rates, rising interest rates and other factors.
Last year Microsoft had more than one round of layoffs but didn’t announce how many positions it cut. One round, which started in July, affected less than 1% of the company’s total workforce of more than 200,000 people, the company said at the time.

Paid for sting and fukked over their workers the next day... wow...:francis:
 

King Sun

Big Boss
Supporter
Joined
May 11, 2012
Messages
30,100
Reputation
2,957
Daps
71,556
Reppin
323,904,480,817,614
Being on the side of capitalism
Microsoft Hosted Sting Performance in Davos on Night Before It Announced Layoffs

5 hours ago

Microsoft Hosted Sting Performance in Davos on Night Before It Announced Layoffs​

By Tom Dotan and Sam Schechner
im-706060

Sting performing last summer at a festival in Switzerland.LAURENT GILLIERON/SHUTTERSTOCK
On Tuesday evening, Microsoft hosted an event. It was an intimate gathering of 50 or so people, including the company’s top executives, who got to while away the evening listening to a performance by the musical artist Sting, said people familiar with the event.
The concert would end up sounding a sour note to some employees at Microsoft the next morning. On Wednesday—while much of the company’s leadership team was halfway around the world from its Redmond, Wash. headquarters—it announced plans to lay off 10,000 people. It’s the largest layoffs Microsoft has had since 2014, and as CEO Satya Nadella would explain in a blog post, reflected the need for the company to adapt to a global economic slowdown.
Top Microsoft executives have been a major presence at this year's World Economic Forum. On Tuesday Mr. Nadella was interviewed on stage for a Wall Street Journal panel and he spoke about the promise of artificial intelligence. On Wednesday he was on stage again, discussing the headwinds for the tech industry, and the need to do more with less.
As the Microsoft layoffs came down, some employees described it all as a bad look. While hobnobbing at Davos is part of doing business for major tech corporations and the events are planned far in advance making it difficult to change them, some employees thought it wasn’t the right time for a company-sponsored Sting concert. The theme of the event was sustainability.
Many top tech companies have pivoted to cutting thousands of positions in recent months as the business climate has deteriorated on the back of economic slowdown concerns, high inflation rates, rising interest rates and other factors.
Last year Microsoft had more than one round of layoffs but didn’t announce how many positions it cut. One round, which started in July, affected less than 1% of the company’s total workforce of more than 200,000 people, the company said at the time.

Paid for sting and fukked over their workers the next day... wow...:francis:
Its crazy that people are spinning this as an everyday thing that 10k people are let go.
 

Gizmo_Duck

blathering blatherskite!
Joined
Aug 15, 2018
Messages
71,639
Reputation
5,358
Daps
151,629
Reppin
Duckburg, NY
Microsoft Hosted Sting Performance in Davos on Night Before It Announced Layoffs

5 hours ago

Microsoft Hosted Sting Performance in Davos on Night Before It Announced Layoffs​

By Tom Dotan and Sam Schechner
im-706060

Sting performing last summer at a festival in Switzerland.LAURENT GILLIERON/SHUTTERSTOCK
On Tuesday evening, Microsoft hosted an event. It was an intimate gathering of 50 or so people, including the company’s top executives, who got to while away the evening listening to a performance by the musical artist Sting, said people familiar with the event.
The concert would end up sounding a sour note to some employees at Microsoft the next morning. On Wednesday—while much of the company’s leadership team was halfway around the world from its Redmond, Wash. headquarters—it announced plans to lay off 10,000 people. It’s the largest layoffs Microsoft has had since 2014, and as CEO Satya Nadella would explain in a blog post, reflected the need for the company to adapt to a global economic slowdown.
Top Microsoft executives have been a major presence at this year's World Economic Forum. On Tuesday Mr. Nadella was interviewed on stage for a Wall Street Journal panel and he spoke about the promise of artificial intelligence. On Wednesday he was on stage again, discussing the headwinds for the tech industry, and the need to do more with less.
As the Microsoft layoffs came down, some employees described it all as a bad look. While hobnobbing at Davos is part of doing business for major tech corporations and the events are planned far in advance making it difficult to change them, some employees thought it wasn’t the right time for a company-sponsored Sting concert. The theme of the event was sustainability.
Many top tech companies have pivoted to cutting thousands of positions in recent months as the business climate has deteriorated on the back of economic slowdown concerns, high inflation rates, rising interest rates and other factors.
Last year Microsoft had more than one round of layoffs but didn’t announce how many positions it cut. One round, which started in July, affected less than 1% of the company’s total workforce of more than 200,000 people, the company said at the time.

Paid for sting and fukked over their workers the next day... wow...:francis:

Sounds very familiar:patrice:


 

CoolinInTheCut

Superstar
Joined
Mar 17, 2022
Messages
6,197
Reputation
1,210
Daps
13,912
They could've paid a year's worth of salary to everyone they laid off with just 1bn of that ~50bn Activision deal.

But I guess hindering Sony is more important than the people who added value to the organization throughout the years.

And you know Matt Booty is keeping his job, despite arguably being the most useless person on the planet for the last decade plus. Dude is like Westbrook on the Lakers, except his shoes are tied together.
 

Legal

Superstar
Supporter
Joined
May 7, 2012
Messages
15,934
Reputation
3,172
Daps
60,738
Reppin
NULL
Microsoft Hosted Sting Performance in Davos on Night Before It Announced Layoffs

5 hours ago

Microsoft Hosted Sting Performance in Davos on Night Before It Announced Layoffs​

By Tom Dotan and Sam Schechner
im-706060

Sting performing last summer at a festival in Switzerland.LAURENT GILLIERON/SHUTTERSTOCK
On Tuesday evening, Microsoft hosted an event. It was an intimate gathering of 50 or so people, including the company’s top executives, who got to while away the evening listening to a performance by the musical artist Sting, said people familiar with the event.
The concert would end up sounding a sour note to some employees at Microsoft the next morning. On Wednesday—while much of the company’s leadership team was halfway around the world from its Redmond, Wash. headquarters—it announced plans to lay off 10,000 people. It’s the largest layoffs Microsoft has had since 2014, and as CEO Satya Nadella would explain in a blog post, reflected the need for the company to adapt to a global economic slowdown.
Top Microsoft executives have been a major presence at this year's World Economic Forum. On Tuesday Mr. Nadella was interviewed on stage for a Wall Street Journal panel and he spoke about the promise of artificial intelligence. On Wednesday he was on stage again, discussing the headwinds for the tech industry, and the need to do more with less.
As the Microsoft layoffs came down, some employees described it all as a bad look. While hobnobbing at Davos is part of doing business for major tech corporations and the events are planned far in advance making it difficult to change them, some employees thought it wasn’t the right time for a company-sponsored Sting concert. The theme of the event was sustainability.
Many top tech companies have pivoted to cutting thousands of positions in recent months as the business climate has deteriorated on the back of economic slowdown concerns, high inflation rates, rising interest rates and other factors.
Last year Microsoft had more than one round of layoffs but didn’t announce how many positions it cut. One round, which started in July, affected less than 1% of the company’s total workforce of more than 200,000 people, the company said at the time.

Paid for sting and fukked over their workers the next day... wow...:francis:

Yeah, not a good look. That's some shyt out of a satire. :mjlol:
 

Rekkapryde

GT, LWO, 49ERS, BRAVES, HAWKS, N4O...yeah UMAD!
Supporter
Joined
May 1, 2012
Messages
146,468
Reputation
26,234
Daps
491,120
Reppin
TYRONE GA!
And expect starfield to NOT make any money either because it will exclusive to gamepass only (No PS5)and be mid asf...:beli: calling it now...

MS can't afford the bad PR of a shytty Starfield.

But when you got Phil winning executive of the year for doing nothing :mjlol:
 

Rekkapryde

GT, LWO, 49ERS, BRAVES, HAWKS, N4O...yeah UMAD!
Supporter
Joined
May 1, 2012
Messages
146,468
Reputation
26,234
Daps
491,120
Reppin
TYRONE GA!
This the motherfukker that need to be fired lol

phantom dust 480p :mjlol:

😲
launching the X with super Luckys tale :mjlol:
:russ:
focusing on Gaas instead of fun :mjlol:

:russ:
having more controllers than exclusives:mjlol:

:picard:

pooh-soul.gif

fukk Xbox worst thing that happened to gaming

and uncle phil is a pos used Car salesman

:ehh:
bring back that dude who told the green side we got a 360 for yo bum ass

:laff:
 

Rekkapryde

GT, LWO, 49ERS, BRAVES, HAWKS, N4O...yeah UMAD!
Supporter
Joined
May 1, 2012
Messages
146,468
Reputation
26,234
Daps
491,120
Reppin
TYRONE GA!
Americans love coming up with excuses for corporations and their disgusting bullshyt. Pure brainwashing.

shyt is pathetic.

Corporations have ZERO loyalty....well except to their shareholders. EVERYONE else comes second.

And that goes for ALL CORPORATIONS.

I'll never go back to work for a corporation
 

Rekkapryde

GT, LWO, 49ERS, BRAVES, HAWKS, N4O...yeah UMAD!
Supporter
Joined
May 1, 2012
Messages
146,468
Reputation
26,234
Daps
491,120
Reppin
TYRONE GA!
Microsoft Hosted Sting Performance in Davos on Night Before It Announced Layoffs

5 hours ago

Microsoft Hosted Sting Performance in Davos on Night Before It Announced Layoffs​

By Tom Dotan and Sam Schechner
im-706060

Sting performing last summer at a festival in Switzerland.LAURENT GILLIERON/SHUTTERSTOCK
On Tuesday evening, Microsoft hosted an event. It was an intimate gathering of 50 or so people, including the company’s top executives, who got to while away the evening listening to a performance by the musical artist Sting, said people familiar with the event.
The concert would end up sounding a sour note to some employees at Microsoft the next morning. On Wednesday—while much of the company’s leadership team was halfway around the world from its Redmond, Wash. headquarters—it announced plans to lay off 10,000 people. It’s the largest layoffs Microsoft has had since 2014, and as CEO Satya Nadella would explain in a blog post, reflected the need for the company to adapt to a global economic slowdown.
Top Microsoft executives have been a major presence at this year's World Economic Forum. On Tuesday Mr. Nadella was interviewed on stage for a Wall Street Journal panel and he spoke about the promise of artificial intelligence. On Wednesday he was on stage again, discussing the headwinds for the tech industry, and the need to do more with less.
As the Microsoft layoffs came down, some employees described it all as a bad look. While hobnobbing at Davos is part of doing business for major tech corporations and the events are planned far in advance making it difficult to change them, some employees thought it wasn’t the right time for a company-sponsored Sting concert. The theme of the event was sustainability.
Many top tech companies have pivoted to cutting thousands of positions in recent months as the business climate has deteriorated on the back of economic slowdown concerns, high inflation rates, rising interest rates and other factors.
Last year Microsoft had more than one round of layoffs but didn’t announce how many positions it cut. One round, which started in July, affected less than 1% of the company’s total workforce of more than 200,000 people, the company said at the time.

Paid for sting and fukked over their workers the next day... wow...:francis:

horrible optics
 

Legal

Superstar
Supporter
Joined
May 7, 2012
Messages
15,934
Reputation
3,172
Daps
60,738
Reppin
NULL
shyt is pathetic.

Corporations have ZERO loyalty....well except to their shareholders. EVERYONE else comes second.

And that goes for ALL CORPORATIONS.


I'll never go back to work for a corporation

The sooner people wrap their head around the bolded, the better.

If you look at the mission statement for just about any publicly traded company, within the first three bullet points, if not first, still be some variation of "provide value for shareholders". Everything else is secondary, regardless of what they may say or do. Things like "taking care of employees", "providing a quality product or service", and "doing the right thing" are merely byproducts of trying to provide value.
 
Top