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.
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 = free gifts to valued employees
MS = 10,000 FIRED
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.Sony = free gifts to valued employees
MS = 10,000 FIRED
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.
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.
I understand your logic but that is not how it works.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.
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.
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.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.
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).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.
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.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.
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.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.
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"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.