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Microsoft laying off about 6,000 people, or 3% of its workforce (www.cnbc.com)

submitted 4 days ago by aramova@infosec.pub to c/technology@lemmy.world

245 comments fedilink hide all child comments

cross-posted from: https://lemmy.world/post/29608536

(page 2) 50 comments

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[–] aramova@infosec.pub 45 points 4 days ago (21 children)

Well, shit. Here we go again.

Is there an over/under going on for the rest of the tech sectors 's layoffs this year?

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[–] BigMacHole@lemm.ee 28 points 4 days ago (2 children)

This would LITERALLY Not have Happened if we just CUT THEIR TAXES! LITERALLY that's the ONLY Reason Companies LAYOFF Staff!

[–] henfredemars@infosec.pub 24 points 4 days ago (1 children)

We should have given Elon another billion! Then, we would truly live in utopia. Alas, it was not so.

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[–] J52@lemmy.nz 13 points 3 days ago

They know what's coming and That's going to make America grate again.

[–] NigelFrobisher@aussie.zone 14 points 3 days ago

They didn’t have growth mentality.

[–] SocialMediaRefugee@lemmy.world 8 points 3 days ago (1 children)

It is very vague and it says it is not for performance reasons. I wonder if early retirement packages are being offered too. If they are getting rid of some management layers they are looking to remove some of the higher paid staff so they can bring in younger folks who will be making less to start and also opening up opportunities for advancement. Over time those management layers get overfilled and no one below them can move up and that incentive is lost.

[–] ChickenLadyLovesLife@lemmy.world 11 points 3 days ago

I used to work for a west coast tech giant. Their early retirement package was: "you are retiring now, goodbye" along with a severance just large enough to disqualify me from unemployment. At least I didn't have to spend months pretending to look for work.

[–] PattyMcB@lemmy.world 21 points 4 days ago (17 children)

The tech industry is about to become a total shit show. Mark my words

[–] picandocodigo@lemmy.world 24 points 4 days ago

It's been a total shit show for quite some time now...

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[–] kn0wmad1c@programming.dev 15 points 4 days ago (5 children)

Microsoft has 200,000 employees? Dang

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