Satya acquired companies mindlessly, today's layoffs are a result of mindless cash spending to buy companies that make no sense. Azure , the shit show it is did quite a bit of upselling with their enterprise contracts and at the year end they have run up huge cloud bills to pay . Cloud ain't cheap . MSFT stares at a future where cloud revenue dwindles, O365 has more competition and costly acquisitions don't make much money. Today's layoffs are to account for all the acquisitions gone bad , Mark Benioff did it and Satya doing it now...it's all about being a powerful and iconic CEO but in the end, hapless people that behave like sheep and buy houses at astronomical prices get laid off...
? did you even read what satya said? layoffs are in non profit making orgs and some orgs are still hiring. most layoffs are from teams which were dumpsters for a long time now. havent heard of any layoffs in azure
Why didn’t they just hire the people they laid off? Lol
there were reorgs as well. but some people/teams were simply cut
One big difference between satay and other CEO announcing layoff is that satya didn’t mention that he’s taking personal responsibility. Both mark and sundar or even benioff mentioned it. Tim apple didn’t even massive layoff yet, and already taking pay cuts. What did satya learn from this thing he has to do to ruin 10k families lives in this horrible time of tech job market?
Cloud is a growing business and can turn into cash cow for amzn,msft and goog. There are orgs like webxt where layoff is happening.
Feels pretty gross that getting laid off is something he calls an "opportunity". K
I guess you should replace Satya!! Seems like you know more about running a company :)
Microsoft layoffs are strategic layoffs, freeing up some space to hire in new projects where the new investment are focusing on
Based on the argument Microsoft should have re-absorbed them into profit- generating orgs but instead they were just laid off
Its easy to fire and re hire than to switch 10k people in orgs
LinkedIn acquisition?
Activision Blizzard is a money printer, how is that a bad acquisition?
I don't have much knowledge but I feel that Microsoft's acquisition of Activision blizzard and OpenAI makes sense strategically. Why do you say it is a bad decision? Mostly because they don't make as much revenue?