TL;DR 1. During early pandemic phase MS Sr. leadership correctly guessed that the demand will be sky high due to lockdowns. 2. Most leadership went overboard

TL;DR 1. During early pandemic phase MS Sr. leadership correctly guessed that the demand will be sky high due to lockdowns. 2. Most leadership went overboard in memetic fashion and projected unrealistic and unsustainable growth numbers. Sane voices were ignored. 3. These numbers didn’t materialise and by mid ‘22 they made the mind to layoff people 4. OpenAI pulled a reverse MS-IBM on MS and Satya and others were enamoured by ChatGPT demo. 5. Investors saw the rapid hiring as diluting the stock value and backed the layoffs. 6. Layoffs happen and thousands are caught in that turmoil.