Microsoft To Lay Off As Many As 9,000 Employees in Latest Round (seattletimes.com) 51
Microsoft is kicking off its fiscal year by firing thousands of employees in the largest round of layoffs since 2023, the company confirmed Wednesday. From a report: In an ongoing effort to streamline its workforce, Microsoft said that as much as 4%, or roughly 9,100, of the company's employees could be affected by Wednesday's layoffs. The move follows two waves of layoffs in May and June, which saw Microsoft fire more than 6,000 employees, almost 2,300 of whom were based in Washington.
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Intel only ever had their superior manufaturing process, which they had from making memory. As soon as that was gone, it became obvious how bad technologucally theor designs actually were and how far behind the competition. Conceptionally pretty much the same as Boeing, or, since that is the topic, Microsoft. These companies never really could compete, except in a dominant position. Time for them to die. They join plenty of others on the trash-heap of tech hostory. And in most cases, death was well deserved
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These companies never really could compete, except in a dominant position
Here you go:
https://www.macrotrends.net/st... [macrotrends.net]
Steadily increasing profit over the last 15 years. Revenue was up 16% from last year, totaling 245 billion USD.
Now, my real question. I'd like to hire you for investment advice. Are you available?
Re: Forget that (Score:2)
They had good design too, though the last really good design was the 80486. After that it was a bunch of pumping watts for performance, until they got to compromising security for performance.
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The core 2 and i7s were very good. Everyone compromised speed for security without realizing it if they went for an out of order processor.
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Everyone compromised speed for security without realizing it if they went for an out of order processor.
Intel did it much worse than AMD, and about the same as IBM in terms of vulnerability and performance impact of mitigation.
Core 2 was pretty decent, that's fair. But by the time the i7 came around AMD was kicking their ass at everything but single thread. Even though I am a gamer that's never been the only thing I cared about, and I've also always been cheap, so to have AMD provide dramatically more ops per buck and have very competitive processors which were outright faster in many situations has had me an
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Here [youtube.com] you go.
Re: Suspicious (Score:2)
MS recently bought a lot of game studios, I think that's where the lay offs are concentrated.
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Future is bright (Score:5, Insightful)
When you combine continuing layoffs by profitable companies over the last few years, AI displacing workers, and this beautiful spending bill that cuts services to millions while codifying tax breaks for the 1% and increasing the deficit by 4 trillion, the future looks bright indeed.
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I think it's a mix of all of it, in equal parts, with AI's usefulness making sizable, but a lowest percentage of the reason.
I don't think most people here care (Score:4, Insightful)
If you don't use those services well, you're still fucked.
Those services are literally trillions of dollars in your local economy.
What do you think is going to happen to your job when hundreds of billions of dollars just exits the US economy?
That's the thing I wish people would explain to these Trump voting morons. You're not going to make it out of this unscathed. You will probably lose your house in a few years when you are forced to mortgage it and the bank takes it. Then Trump or one of his billionaire buddies will buy it up for cheap and rent it back to somebody or just leave it empty to keep prices high.
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I've had 2 jobs in less than 3 years (dodged a layoff by jumping to a sinking ship). I'm tired of tech and feeling like I can't plan even one year of my life out without 5 years in savings
Nothing is safe (Score:2, Insightful)
Even healthcare now is under assault. Since Trump's first election we've transferred about $20 trillion with a t dollars to the 1%. And that's on top of the 55 trillion we had already transferred in the proceeding 40 years.
Our economy is just too top heavy. There isn't enough in the middle or the bottom to keep the thing going. There's no circulation of currency or wealth. It's like if capitalism was a machine and we took the oil out of it
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You're doing something wrong. I've been with the same company for ten years.
Try a non-IT company, it works for me.
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Well, 3% anyway. But it certainly beats not having a job. My health insurance is REALLY good too, which is especially important in my case.
They pay me about $135K right now. It's not horrible, but the expectations are low and things are low stress and pretty easy.
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Concerning. https://www.morganstanley.com/... [morganstanley.com]
This is a middle manager culling (Score:4, Insightful)
As was the case with the May layoffs, Microsoft is looking to reduce the number of layers of managers that stand between individual contributors and top executives, the person said.
MS is in no way hurting. They made a profit of $26 Billion [cnbc.com] in March, far ahead of Wall Street projections.
As other companies are also specifically targeting that mid-management layer, this is a possible sign that the Cult of the MBA may be waning.
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Nobody said MS was "hurting". The claim is that they are a dead man walking and that claim is accurate. They will surely walk for anothe 10 or maybe even 15 years, but their products have gotten so abysmally bad that they have no long-term future.
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Their consumer products? Thats not even half of their revenue anymore.
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Who says I am talking about their consumer products?
There's no such thing (Score:3)
Management got it start as a means of busting unions but companies have long since turned to professional Union bustering law firms for that
When you see a bunch of middle management getting fired it's because they're getting rid of the old people and they don't want to get sued for age discrimination.
If Microsoft wants to survive (Score:2)
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I wish Microsoft would do something worthwhile again but I have a feeling they are too arrogant and complacent so they will continue to circle the drain until someday they finally get liquidated by their shareholders
Inded. These days they cannot get anything right. Example: Just today Teams screwed me over. I minimally increased the speaker volume and some mechanism panicked apparently at the system-signal for speaker adjustment and then I could not hear the other side anymore. Leving and rejoining (either and both sides) did not help. Audio-settings did not help. Now, there apparently used to be a setting to switch this crap off or reset it, but not anymore. Nothing helped and I had to call the other person on the pho
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You know the little envelope overlay that's supposed to appear on the Outlook icon in the taskbar and systray to indicate you've gotten a new email? Mine randomly stopped working about a year ago. Icon never changes. Countless reports of this happening all over the internet. No clear cause or solution.
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Indeed. This is essentually the same when rats and other pests start to slowly crawl into a building.
Re:If Microsoft wants to survive (Score:4, Insightful)
Microsoft doesn't give two shits about Windows anymore. The only thing that matters to them is growing Azure and increasing AI (Copilot) adoption. If anything, Windows is nothing more than a Copilot delivery service now.
start from scratch forget legacy (Score:2)
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make two operating systems
They basically already do, Home and Enterprise, where all of that stuff is turned off by Group Policy/MDM rules.
Can they lay off the Windows backup team? (Score:2)
But they want your data in the cloud (Score:2)
For safekeeping. And while it's there, doing nothing, I mean, sure, theoretically it's encrypted, but I mean, what if we took a peek and trained our shitty AI on it? Wouldn't that be great? And all for the low low price of FREE backup. You're going to take this FREE backup whether your want it or not. Ask again in three days.
laid off; not fired. There's a difference (Score:2)
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If you are fired, you can still file for COBRA and unemployment insurance benefits so as the reason you were fired was not because of illegal activities.
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It depends how your state defines "Gross Misconduct".
When you are fired for cause, it can be for "Gross Misconduct"
Typically people fired for gross misconduct do not get COBRA from the company, AND they're disqualified from receiving unemployment benefits. They can however sign up for medical insurance in the Affordable Care Act's marketplace.
Some employers utilize non-compete clauses where the non-compete exclusion time is doubled or tripled if you are fired for gross misconduct. This would hamper you ev
OMG (Score:2)
The largest round of layoffs since ... one whole YEAR ago! Wow. That's something!
It's almost as if they are trying to pressure more rounds of layoffs from happening through their breathless reporting.
Dead Wood Pruning the Live Wood (Score:2)
Azure is mature (Score:2)