This page permanently redirects to gemini://gemini.techrights.org/2022/08/10/scale-of-microsoft-layoffs/.

● 08.10.22

Gemini version available ♊︎

●● Number of Microsoft Layoffs Vastly Higher Than Microsoft Publicly Signals (the Perma-Temp and Contractor Loopholes)

Posted in Deception, Microsoft at 6:45 pm by Dr. Roy Schestowitz

As we noted here many times over the years, it would be foolish to believe the figures Microsoft gives/feeds to the media; the layoffs as a lot broader than publicly stated

=> many times over the years | Microsoft gives/feeds to the media

Image: Microsoft perma-temps

Companies hate it when clients/customers get the impression of trouble (hence they hide or delay layoffs as long as possible)

Summary: ‘Invalid’ employee status has long been misused by Microsoft in order to misreport real headcount; the above message is one recent example of that (there are many Microsoft layoffs this summer)

“Microsoft, the world’s most valuable company, declared a profit of $4.5 billion in 1998; when the cost of options awarded that year, plus the change in the value of outstanding options, is deducted, the firm made a loss of $18 billion, according to Smithers.”

–The Economist, 1999

Share in other sites/networks: These icons link to social bookmarking sites where readers can share and discover new web pages.

Permalink > Image: Mail

 Send this to a friend

=> Permalink | ↺ Send this to a friend

=> Techrights

➮ Sharing is caring. Content is available under CC-BY-SA.