LayoffsOct 17, 2022
LinkedInpipped?
Applied Material cYKV82 Oct 17, 2022

Whut? Quiet layoff?

General Motors lllllllll! Oct 17, 2022

Yet they complain about quiet quitting. Proof it is best to ignore them, hypocrites.

Coupang yYmf71 Oct 17, 2022

Oo 🙈

PayPal ⬇️ ↕️ Oct 17, 2022

Layoffs happen at all companies in every year.. they only anounce if it's big numbers like 20 to 30% workforce reduction

Applied Material zUoX78 Oct 17, 2022

13,000 total layoff since 2021. It looks like 1,000 per mth. Reminded me of 1999-2011 days

Applied Material zUoX78 Oct 18, 2022

Everyone is a hero until they get the pink slip. It will be a long deep one for intc. And I hope the best for you

Oracle pengaoo Oct 18, 2022

Pink slip?

Microsoft anon022 Oct 17, 2022

Can confirm. All kinds of layoff threads in the company group.

General Motors lllllllll! Oct 17, 2022

Are we able to see those Channels at all somehow? Or you have to be Microsoft to see it?

Microsoft anon022 Oct 17, 2022

You have to be at Microsoft

Cisco DontTCMe Oct 17, 2022

With size of Microsoft, is 1000 a lot to indicate something more widespread to come in tech industry?

Pegasystems stuffedham Oct 18, 2022

Yes. 1000 people getting fired is multiple orgs, likely extremely unprofitable, breakeven, or not worth maintaining. It’ll come to other companies too.

Microsoft laylow30 Oct 18, 2022

To be clear I see people got fired from reasonably profitable and better orgs too It is quite shocking

Applied Material zUoX78 Oct 17, 2022

I stay have habit of checking my phone / laptop every morning to see if it’s been locked thanks to MSFT in 2010. Don’t bother shaving/driving to work early if it’s locked

Greenhouse Software zfs Oct 17, 2022

Goddamn...

ServiceNow 5ft11Desi Oct 17, 2022

Do they lock your laptop preemptively during layoffs ? I thought you have HR call first.

Costco cowholes Oct 17, 2022

Microsoft must lose 1000 people to attrition in a month. This is nothing.

Microsoft wakanda 🙅 Oct 17, 2022

This ^

New
deveIoper Oct 17, 2022

Yeah it's just 0.4% of the workforce. What's interesting to me is they couldn't just wait for normal attrition to reduce numbers? If they needed to cut 1000 people that bad and couldn't wait for attrition, I fear more is coming

Microsoft shitsc@red Oct 17, 2022

There have been many rounds of layoffs. Every time they do under 1 percent and people react that it is nothing but in a year with multiple rounds it adds up to a lot.

Splunk ripSplunk Oct 17, 2022

Well shoot. Family member just joined. We were excited 😊 I mean look at where I work. Not great news for us lately.

Microsoft nvtsx Oct 17, 2022

Yeah 2 percent laid off this year

Twitter plkz89 Oct 17, 2022

The alarming indicator is the timing of it. Microsoft is unique in that their financial year end in July, which means this 1k reduction was not planned rather it's a reaction to reduced earnings. It's a reduction of FTE eng headcount which means the company is slowing down it's investment in the future because it thinks this downturn is going to last for a bit.

Amazon qkfJ41 Oct 17, 2022

Yeah a lot of orgs affected are ones planning for future. Innovation related. Msft opting for better earnings at expense of innovation

Microsoft nvtsx Oct 17, 2022

The budget cuts are insane. Can't reimburse a keyboard