3 ms·
Post by AbbeFaria: I am an employee and stock holder both. Obviously, I would rather have a job than not but at the same time a significant portion of my p
by znpy 1y ago
Post by AbbeFaria:
I am an employee and stock holder both. Obviously, I would rather have a job than not but at the same time a significant portion of my personal wealth is in MSFT stocks.
I have seen engineering teams at MSFT that provide questionable value to the business so trimming the fat does make sense. Also These multiple rounds of layoffs have made me internalise that we need to be working on something valuable instead of useful.
Can someone discern why these layoffs are being done ? Driven by large shareholders? More runway till we get revenue from GenAI while we keep burning money on GPUs ?
I'm gonna get this post quoted in its entirety. I wonder if you personally will be impacted by this wave of layoff and if so, how will your opinion change.