Microsoft to lay off 6,000 employees in cost-cutting move

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1. From the article:

   Microsoft on Tuesday said it’s cutting 3% of its workforce across the board.

   The layoffs are expected to impact all levels and geographies, but will focus on reducing management levels, the company said in a statement. Notices went out on Tuesday.

   The tech giant didn’t disclose the total amount of lost jobs but it will amount to about 6,000 workers, according to the Associated Press.

   Microsoft Chief Financial Officer Amy Hood said on an April earnings call that the company was focused on streamlining “by reducing layers with fewer managers.” She also noted the compay’s headcount in March was 2% higher than a year earlier, and down slightly compared to the end of 2024.

2. And all C-level folks get bigger bonuses.

3. $140K base with 10% bonus… not no more… here’s your apron for the fryer, wage tops out at $18/hr… good luck

4. More AI layoffs

5. Unfettered capitalism is gonna ruin this country.

6. They pledged to hire more in India. You can hire 4-8 software engineers in India for the cost of one American software engineers. It’s about profits.

7. *… in other words, Microsoft’s profit, after deducting all expenses from its revenue, was $88.136 billion for the fiscal year 2024. *

   Sorry employees… Best we can do for your surplus labor is remove 6000 of you.

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