I think they missed to make the button with the right colors but I can take one these just fine… sadly I don’t work for Sony.
Sony is Celebrating Fantastic 2022 with Holiday Gift to Employees
- Thread starter ethomaz
- Start date
I think they missed to make the button with the right colors but I can take one these just fine… sadly I don’t work for Sony.
That is a really nice gesture and the controller's pretty cool too.
I got many as an ambassador 
MS is bloated af, they have 200 000 employees and their revenue were smaller than last year. So, my impression is that many more rounds of cuts are coming for them, like the other big tech firms. My only problem is that a lot of these people will flood the tech employment market and drive salaries down.
Their revenue as a company increased last year. What decreased were their profits. Companies are firing people to devalue salaries, not because their bottom line is bad.
To add upon this. Microsoft had a profit of 16.4B in the quarter. That translates to about 65B profit per year.
If we assume that the figures in payscale are accurate, their average salary is 123k per year. Let's round it to 200k.
10k people X 200k = 2B "saved" per year.
With a single years profit they could pay for 32 years of salaries for the laid off people.
What highly profitable companies are doing is despicable.
If we assume that the figures in payscale are accurate, their average salary is 123k per year. Let's round it to 200k.
10k people X 200k = 2B "saved" per year.
With a single years profit they could pay for 32 years of salaries for the laid off people.
What highly profitable companies are doing is despicable.
Microsoft’s behavior has always been this. They’re a vile, disgusting, soulless monolith…
They will buy companies, gut them and shut em down.
Supporting Xbox is supporting the worst “gaming” company in the history of the business.
“Gaming” is in quotes because that’s the joke… they’re not a games company. They’re a predatory vulture that hurts the industry. They care about IPs. Not games.
I understand your logic but that is not how it works.
It is more a project / team thing.
I mean if a team for a product/project is not giving profit then it will end up dissolved, in other words people will be fired.
These 10k lay off are probably in places that are not going well in MS.
And the places that contribute most for these 16.4b probably increased the teams and didn't have layoffs.
You can look at the whole company and forget it has divisions, projects, teams ,etc.
The ideal is that all of them to be on blue.
A team in blue (profiting) can only carry a team in red (loses) for some time.
For the game game team the whole fiasco of 343i probably accounted for a lot of layoffs.
Surface team probably was hit hard too.
While the azure team probably have few to none layoff.
It just guesses but the whole company profiting doesn't mean there won't have layoffs.... something is not working needs to be changed.
Are you in a leadership position? Because the rationale before a lot of business decisions stems more from decrease in profitability than from a team actually performing. In Microsoft's case, it's purely because their profits decreased and they are jumping on the bandwagon of layoffs to lower market compensation.
we have some people coming up who was in a huge profitable team, and still they were fired up. it is about projection and bottom line. m$ is shit.
Neato, PS Birthday Confetti Cake controllers!! My favorite!!!
That happens to be one of my favorite ice cream flavors, FWIW. They could've done the Gucci style look too, maybe some other time.
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On the whole job cut situation, @ethomaz & @Dodkrake I think you're both right, just meet in the middle somewhere. MS's definitely hopping on a trend to please shareholders, investors and increase profit margins, so that argument is correct. But it's also true that they aren't going to just cut from any random division or team, they're going to go after the teams & groups with the most sagging performance and results. If these teams weren't getting cuts now, they would've at some point in the future. So that argument is also correct.
Personally I think more Xbox-related cuts are coming; I was surprised Surface sales were down so much but I guess lockdowns easing and WFH being eased off would cause that. Windows is down a lot more than I first thought (I didn't look at those numbers too much before) and I think it's because there isn't enough reason for most to switch to 11 over 10, they should've continued to prioritize W10 and wait until more of a need for 11 presented itself.
That happens to be one of my favorite ice cream flavors, FWIW. They could've done the Gucci style look too, maybe some other time.
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On the whole job cut situation, @ethomaz & @Dodkrake I think you're both right, just meet in the middle somewhere. MS's definitely hopping on a trend to please shareholders, investors and increase profit margins, so that argument is correct. But it's also true that they aren't going to just cut from any random division or team, they're going to go after the teams & groups with the most sagging performance and results. If these teams weren't getting cuts now, they would've at some point in the future. So that argument is also correct.
Personally I think more Xbox-related cuts are coming; I was surprised Surface sales were down so much but I guess lockdowns easing and WFH being eased off would cause that. Windows is down a lot more than I first thought (I didn't look at those numbers too much before) and I think it's because there isn't enough reason for most to switch to 11 over 10, they should've continued to prioritize W10 and wait until more of a need for 11 presented itself.
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Kind of yes... I'm not the executive that will take the decision but the Manage for a whole squad with several teams (teams are separated by customer/technology we give support).
There are three situations we have to choose layoffs.
1) When a customer left us... so that team that can be 5 or 100 persons (depend of the size of customer project) will enter in a reallocate program trying to fit them in others customers/project but it is never possible to reallocate everybody so it end having layoffs... depending of the size of the customer it can be a few or several.
2) When the project/customer is not giving the minimum 25% profit (that mean the customer contract needs to pay all the salaries and costs for the team plus give 25% profit to the company)... when that happens or have to reorganize the team, change employee levels (because the different salaries) and that involve the reallocate program again trying to find a place in another customer/project (not just that the reallocate program looks even in the whole company so the employee can change to another division or even country if he is available and accept)... but at the end some layoffs can happen because it is impossible to maintain all the employees and the reallocation fails for several reasons (skill, availability, jobs slots for determined employee level, etc).
3) When the performance of the employee is below the average for more than two performance arquivamento cycle... that is bit more trick... when the performance of the employee drops we talk to him to understand what is happening (it can several things like somebody important died, health issues, debit/economic issues, career dissatisfaction, etc)... we have several group of consultant specialists to help in the most cases like doctors for health, psychologist for depression, economists for debit/economic issues, lawyers for some I don't divorce, inheritance sharing, contracts, etc, etc etc... so we have teams of specialists to help they solve their issues... at the same time we try to find which job better fits the employee, trying to reallocate it for a position he will be happy and not dissatisfaction... but that has a time... if in two performance cycle (1 year) the employee didn't show any evidence of progress to back to his previous performance then the layoff become an option because the employee and the company become incompatible so it is better to them part and each own follow it path.
That is how it works here... and yes it is a company is not small and threatened in the same bag as the big tech companies... and each year around 5% of all employees got fired due performance being below average... that in a 721k employees means around 37k layoffs per year... but that the catch new hire are made every year and the company increases the number of employees per year and not the opposite (it employees count increased 15.54% in 2022... it is way more than the 5% layoffs)... the number of layoffs are lower than the numbers of new hires.
I think MS is the same... they are lay off 10k employees but probably hired 20k in the year.
If you ask me it if fair? Well it can have mistakes in the process and not be fair to everybody but it is a fair system.
I don't know who or why MS made the layoffs... it can be like you said but I know it is normal in big companies.
I'm not saying it is the case... I'm saying that big companies doesn't look only at the company profit but at the division, sector, teams, etc... every team in a company needs to be profitable if not you need to work to improve it or well discard it.
You can't have maybe 100 employees working in something that doesn't give profit unless you aiming for future grow and profit or it is a team of research and development.
Like I said every contract/customer/team where I work was a mandatory minimum of 25% profit... it needs to pay all salary, expensive, costs and return to the group 25% as profit... if you don't reach that your contract/customer/team is flagged as red and after several actions if it din't improve to reach the 25% profit it ends being dissolved because there is no way to sustain a business like.
And that is independent if another team in the company is doing 150% profit.
From what I see... MS have issues with Xbox, Surface and Windows right now... the huge profit they have all come from some key divisions that really make a lot of money.
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I too believe most cuts come from flopped Surface that I though was a good product but failed... I even said that in another thread.
Windows-OEM strategy failed too... so you can put some cuts there too.
And MS is forecasting down in big number for Windows-OEM and Surface (> 30%) so more cuts will come I guess.
My point no company will hold something is not profiting without a very amazing future plan.
That is independent if the same company is profiting billions in others areas.
The areas that is not profiting is a big headache for the executives and they need to make top down decisions that can even include layoffs.
Good to know the company that is trying to buy every publisher and dev in sight will have the ability to just go eliminate entire parts of the industry if they feel they need to "trim the fat"