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Posted in Finance, Microsoft, Rumour at 12:06 am by Dr. Roy Schestowitz
Video download link | md5sum 6fcadc40c887fff7b6a14fafef7589dfMicrosoft Layoffs Ahead Creative Commons Attribution-No Derivative Works 4.0
http://techrights.org/videos/microsoft-layoffs-and-results.webm
Summary: Microsoft’s financial ‘results’ (due in the middle of this week) are already expected to miss targets (set by Microsoft itself), based on media reports from reputable sources; what’s not known, however, is whether Microsoft will announce the next major round of layoffs some time very soon or in summertime (based on rumours this is expected in July)
THE Microsoft layoffs in the past month or so are not part of the “10,000″ announced in January (the media keeps parroting this while ignoring months of consequent and unrelated layoffs, not to mention contractors and “temps”). There are more to come. Expect more layoffs. The word coming from/through the grapevine is that in July (summer, ahead of “results”) there will be truly massive layoffs — on a scale bigger than in January. What remains unknown, however, is whether this week too Microsoft will announce additional layoffs to appease investors; maybe WARN Act can be dodged somehow, but they have until Wednesday to say something (all we see is mindless puff pieces).
=> Microsoft layoffs | the past month or so
“People who still work for Microsoft are very anxious, but they feel unable to leave as not many other companies recruit at all.”
Days ago a few media outlets dropped a hint that Microsoft’s results would disappoint in the “clown computing” area (read: Azure), so one can imagine more layoffs in this supposedly ‘strategic’ and ‘growth’ domain. Azure layoffs have gone on every year since 2020 (the media almost never mentions this and trolls from Microsoft are very sensitive about this topic, based on what we saw in IRC).
People who still work for Microsoft are very anxious, but they feel unable to leave as not many other companies recruit at all. As a result, they overwork (for the same salary) and the work they do under stress is of worse quality. Hiring standards fell sharply — to the point where Microsoft hires employees who literally stab other employees [1, 2, 3, 4]. █
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