to explain why the software giant is cutting 10,000 jobs .
"This is the context in which we as a company must strive to deliver results on an ongoing basis, while investing in our long-term opportunity. I’m confident that Microsoft will emerge from this stronger and more competitive, but it requires us to take actions grounded in three priorities. "Second, we will continue to invest in strategic areas for our future, meaning we are allocating both our capital and talent to areas of secular growth and long-term competitiveness for the company, while divesting in other areas. These are the kinds of hard choices we have made throughout our 47-year history to remain a consequential company in this industry that is unforgiving to anyone who doesn’t adapt to platform shifts. As such, we are taking a $1.
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Microsoft to cut 10,000 jobs as wave of layoffs sweeps tech industryMicrosoft plans to lay off 10,000 employees, the company said Wednesday, as part of a restructuring plan to focus on areas of growth and brace the company for an economic downturn. “Restructuring” = adding profits for stock holders. It looks like tech’s big shareholders have all agreed that 10K is the right number of layoffs for each firm bc that’s been almost the universal number Guess we can subtract those from job growth statistics.
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Microsoft Laying Off 10,000 Employees Amid Business SlowdownTech giant Microsoft said it is cutting 10,000 jobs, representing about 5% of its global workforce, in an effort to cut costs amid signs of an economic slowdown. Microsoft CEO Satya Nadella announc… “Nothing is bad or wrong, we just think things COULD get bad, so we’re like using it as an excuse to get rid of 10,000 people.”
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EU preparing to stall Microsoft's Activision Blizzard acquisition: reportThe EU is preparing to give Microsoft an antitrust warning in the coming weeks over its deal to purchase Activision Blizzard, according to a new report.
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Microsoft to expand ChatGPT access as OpenAI investment rumors swirlMicrosoft Corp on Monday said it is widening access to hugely popular software from OpenAI, a startup it is backing whose futuristic ChatGPT chatbot has captivated Silicon Valley. What's the worst that could happen? bing, bing, bing. siri are you hearing this sh1t? Thanks
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