Microsoft reputation as retirement home?

New
stjvdt7r

New

stjvdt7r
4d 55 Comments

Veteran tech blinders, I was doing some research on great recession in 2009. Msft was still pretty profitable but had a rolling layoff of 5000 people. But i see everyone consistently saying it's recession proof and does not do layoffs and job security is great. People keep pointing to its mountain of cash. Where is the disconnect?

TC:140K

#pip #crash #recession #layoff

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TOP 55 Comments
  • New / Eng
    BrazilB๐Ÿ‘

    New Eng

    PRE
    Amazon, iCIMS
    BrazilB๐Ÿ‘
    That's when Steve Balmer was CEO. He was a terrible CEO that created a bad work environment, made bad business decisions, and ruined Microsoft's image. I think from what most people have shared the new CEO, Nadella, is much better.

    Also 2009 was during a nationwide recession so that likely contributed to it as well.
    4d 6
  • New
    stjvdt7r

    New

    stjvdt7r
    OP
    I got verbal offer but their reputation of mass layoffs is concerning
    4d 1
  • Microsoft / Mgmt
    hjLQ48

    Go to company page Microsoft Mgmt

    hjLQ48
    Don't join Microsoft. Its not your kinda company and you wouldn't like it.
    4d 12
    • Square
      william sm

      Go to company page Square

      william sm
      Other than Meta's dropping stock, why are you glad you went to Msoft?
      4d
    • New
      ubted9

      New

      ubted9
      Metaverse product success is very questionable. Meta also has to think of what they can do outside of adtech space...
      3d
  • There were also layoffs in 2014-2015. Mostly explained by "major reorg with new CEO". Those were a but more vague but bottom line they kicked out low performers.

    "Good thing" - they almost never lay off people apart from those occurrences. After 9 years i have never seen a dev being fired.

    What leads to "senior culture" at MSFT is that the company is good at creating a comfortable bubble around you and that usually causes people to get too comfortable to leave.

    Mass layoffs is just an excuse for a "reset". And they will come on first occasion when company has an excuse to do it - like "financial crisis"
    4d 6
    • MSFT had a few remote positions but it happened.
      Nowadays it's way more normal to be WFH permanently.

      All on all only occasion MSFT fires people is some crisis. Given at fb you can get fired after 1-2 poor review , MSFT is VERY safe place to be at.
      4d
    • New
      pipproof

      New

      pipproof
      Okay. I will stop reading blind and focus on my job. I think at this point blind is not helping me
      4d
  • Adobe
    s#2-&โ‚น

    Go to company page Adobe

    s#2-&โ‚น
    In 2008, almost every company had layoffs. List of companies without any layoffs is very small.
    4d 3