• percent@infosec.pub
    link
    fedilink
    English
    arrow-up
    2
    ·
    edit-2
    10 hours ago

    New products take a long time to plan, develop, and launch at large companies like Microsoft. Laying off 60k employees is quite a bump in quarterly profits.

    • cantankerous_cashew@lemmy.world
      link
      fedilink
      English
      arrow-up
      4
      ·
      10 hours ago

      Indeed. They’re padding out their quarterly numbers and kicking the proverbial can down the road. Running the company with less staff is a problem for next quarter (or the next ceo)