Microsoft's business performance has nothing to do with the labor market. The hard truth is the Big Tech layoffs are lowering the cost of tech labor. Rather tha

Microsoft's business performance has nothing to do with the labor market. The hard truth is the Big Tech layoffs are lowering the cost of tech labor. Rather than cutting salaries, as some companies have done, Microsoft has chosen to maintain current salary levels. Really, this is how a labor market is supposed to work.