4 ms·

Have we seen this happen in the past? Did Microsoft go through a general sense of despondency when it cut people in 2009? Did it recover?

oxfordmale 4y ago
This was how Microsoft was seen in 2013 as Ballmer stepped down: "Slumping stock price and unimaginative vision has left Microsoft marooned between a fading past and an uncertain future" An unimaginative vision is a common result of mass lay-offs. The ones that stay behind do not dare to take risks and prefer to stick to the status quo. Only after Satya Nadella took over, did Microsoft start to recover.
- prox 4y ago
  So FB / Meta needs a new CEO ?
  - wetpaws 4y ago
    The writing was on the wall since a long time ago.
  - mschuster91 4y ago
    I'm usually not one to say companies shouldn't take on risks to expand into new business areas, particularly not in times where the core product is bleeding lucrative users... but here it's the same shit as with Twitter prior to Parag Agrawal's term or with Elon Musk's dozens of ventures. It's one thing and bad enough if board members have sometimes dozens of posts... but Zuckerberg, Musk, Dorsey all show it's not a good idea when an actually active C-level exec has too many things on their table. And it's especially not good if they use company resources for their personal pet projects.
    - b112 4y ago
      And it's especially not good if they use company resources for their personal pet projects. Good grief. I guess if you are a CFO, or finance guy, sure. But a "pet project" is conjoined with passion. And R&D, and testing the waters in other markets, is what causes true motivation. People often complain that big corps can only innovate via acquisition. Yet, this comment is complaining that big corps are innovating by... startup methods! For what does a startup do, other than live as the pet project of its founders? We should encourage CEOs of large corps to go out on a limb, to R&D, to bring change to the market, to explore new growth streams.
      - achenet 4y ago
        startups, while they can have funding, do not have near unlimited piles of cash allowing them to keep building something no one wants. At some point, they have to start being profitable, and this constraint is what forces them to be adaptable and listen to users. Billionaire pet projects do not have this constraint, and as such can become endless money sinks.
      - mschuster91 4y ago
        > And R&D, and testing the waters in other markets, is what causes true motivation. There's a difference between legitimate R&D and pulling Tesla engineers to put out fires at Twitter. The latter is a blatant abuse of Tesla's resources and to be honest it's a miracle how Musk has not gotten under serious fire from at the very least the Tesla board or a lawsuit by shareholders.
        b112 4y ago
        Did you ever think, maybe he hired Tesla talent, on contract, via Twitter? Are you privy to contracts between these two companies? Did you ever think, this may be why there is no issue?
  - tjpnz 4y ago
    No, Mark's going to crash it into the ground.
    - raverbashing 4y ago
      I wonder if he's going to ask security to escort him to bathrooms
djkivi 4y ago
https://minimsft.blogspot.com/ https://minimsft.blogspot.com/

oxfordmale 4y ago

This was how Microsoft was seen in 2013 as Ballmer stepped down: "Slumping stock price and unimaginative vision has left Microsoft marooned between a fading past and an uncertain future" An unimaginative vision is a common result of mass lay-offs. The ones that stay behind do not dare to take risks and prefer to stick to the status quo. Only after Satya Nadella took over, did Microsoft start to recover.

prox 4y ago
So FB / Meta needs a new CEO ?
- wetpaws 4y ago
  The writing was on the wall since a long time ago.
- mschuster91 4y ago
  I'm usually not one to say companies shouldn't take on risks to expand into new business areas, particularly not in times where the core product is bleeding lucrative users... but here it's the same shit as with Twitter prior to Parag Agrawal's term or with Elon Musk's dozens of ventures. It's one thing and bad enough if board members have sometimes dozens of posts... but Zuckerberg, Musk, Dorsey all show it's not a good idea when an actually active C-level exec has too many things on their table. And it's especially not good if they use company resources for their personal pet projects.
  - b112 4y ago
    And it's especially not good if they use company resources for their personal pet projects. Good grief. I guess if you are a CFO, or finance guy, sure. But a "pet project" is conjoined with passion. And R&D, and testing the waters in other markets, is what causes true motivation. People often complain that big corps can only innovate via acquisition. Yet, this comment is complaining that big corps are innovating by... startup methods! For what does a startup do, other than live as the pet project of its founders? We should encourage CEOs of large corps to go out on a limb, to R&D, to bring change to the market, to explore new growth streams.
    - achenet 4y ago
      startups, while they can have funding, do not have near unlimited piles of cash allowing them to keep building something no one wants. At some point, they have to start being profitable, and this constraint is what forces them to be adaptable and listen to users. Billionaire pet projects do not have this constraint, and as such can become endless money sinks.
    - mschuster91 4y ago
      > And R&D, and testing the waters in other markets, is what causes true motivation. There's a difference between legitimate R&D and pulling Tesla engineers to put out fires at Twitter. The latter is a blatant abuse of Tesla's resources and to be honest it's a miracle how Musk has not gotten under serious fire from at the very least the Tesla board or a lawsuit by shareholders.
      - b112 4y ago
        Did you ever think, maybe he hired Tesla talent, on contract, via Twitter? Are you privy to contracts between these two companies? Did you ever think, this may be why there is no issue?
- tjpnz 4y ago
  No, Mark's going to crash it into the ground.
  - raverbashing 4y ago
    I wonder if he's going to ask security to escort him to bathrooms

djkivi 4y ago

https://minimsft.blogspot.com/ https://minimsft.blogspot.com/