2024 has seen two mass layoffs at Microsoft, with 1900 staff laid off in January, before a further 650 Xbox employees were shown the door in September.

Regardless, Microsoft’s shares are up and the company’s market value is now higher than $3tn, as it works to capitalise on the rise of AI.

  • @NOT_RICK
    link
    English
    9827 days ago

    That’s roughly 30k for every employee laid off

    • @Telodzrum
      link
      English
      3327 days ago

      Sounds like an easy sell to the board, then. It it’s that much of a net positive in economics.

    • @[email protected]
      link
      fedilink
      English
      17
      edit-2
      27 days ago

      If they were software engineers, they saved $200,000+ per person laid off

      That’s how he makes dem big bux, by telling other people to fuck off

    • @[email protected]
      link
      fedilink
      English
      826 days ago

      So the CEO gets less than half their salary for the year?

      Sounds like a great deal for the company. Until, you know, the whole thing collapses because they laid off the workers who kept the whole thing running

      • @NOT_RICK
        link
        English
        326 days ago

        79,000,000 / 2,550 = 30,980

    • NRay7882
      link
      English
      -126 days ago

      That’s some real bald-headed behavior if you ask me.