Microsoft announced layoffs twice in January and July. The first layoff was by 10,000 by the end of March, and the second was by 10,000 by the end of December.
Why is Microsoft laying off its employees on a massive scale?
An internal employee gave a statement. He said that in the first year or two of the epidemic, although employees worked from home, the performance was surprisingly good, so Microsoft's management recruited on a large scale for stock options and other gains, but he did not know that the performance at this time had overdrawn future earnings. Immediately afterwards, affected by the PC downturn, some business revenue fell and was lower than expected, coupled with the outbreak of AI and ChatGPT, as well as internal personnel redundancy, so that Microsoft had to tighten its budget, the most direct means is to cut employees.
In addition, the employee believes that Microsoft management and CEO Nadella should be responsible for the layoffs.
It seems that Nadella, who refreshed Microsoft and integrated chairman and CEO at the same time, has also begun to slowly fade...
