3 ms·
This is a curious decision. Microsoft shows a ~73 billion dollar net income [0] and it's probably reasonable to assume their shareholders are enjoying a robust
by aliljet 4y ago
This is a curious decision. Microsoft shows a ~73 billion dollar net income [0] and it's probably reasonable to assume their shareholders are enjoying a robust, growing business. I wonder what they believe this reduction in staff is meant to provide? Will this really and meaningfully move their bottom line or will it better tighten the performance characteristics of the staff?
[0] https://www.sec.gov/ix?doc=/Archives/edgar/data/789019/000156459022026876/msft-10k_20220630.htm https://www.sec.gov/ix?doc=/Archives/edgar/data/789019/00015...
- MuffinFlavored 4y ago> I wonder what they believe this reduction in staff is meant to provide? An increase in profitability most likely? If we can agree "you need to have + pay employees in order to deliver projects which grow revenue", I don't know how they expect to grow with "less employees" delivering on less growth projects?
- bagacrap 4y ago> it's probably reasonable to assume their shareholders are enjoying a robust, growing business I don't know what you mean by enjoy here, but shareholders generally enjoy it when stock price appreciates, which is not what's been happening the last 12-14 months.
- runjake 4y agoIt means more profit, even as the world undergoes "challenging times". The execs must be doing a great job to have accomplished this. Let's give them some sort of bonus or promotion, when the time is right.
- opportune 4y agoIf you have 10k in your checking account and are saving an extra 10k per year, would you not cancel a $200/mo gym membership you don’t need?
- roncesvalles 4y agoBy your analogy, the 11k laid off would need to be costing the company over $1.5m per employee on average. If we instead assume it's 300k per employee, it's more like a $40/mo gym membership.