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[tmlDan]

Lay offs suck no matter the number, but it is a lot for them. I hate when massive companies do this, it should be a last resort and should NOT happen when you can buyout companies/have a net worth that big. This includes Amazon and Apple.

Either way, I hope everyone lands on their feet someplace else - I know it's easy to say that these people are upper middle class in most cases but it can still be tough.

 

[Rykan]

I don't think you both understand how big this is, 10K is a lot of people to lay off at one time this isn't normal at all.

No way all those positions were redundant

It's 10k people for all of Microsoft. I'm specifically talking about the Bethesda part, which is scaling down because Starfield is in its final stage of development.

 

[Saber]

I feel bad for them, but its not like this is anything new from Microsoft. Also some lay off from Bethesda, I wonder if it has anything to do with their games being a bugfest.

I guess thats the price you pay for doing acquisitions.

 

[DenchDeckard]

Painful for those losing their jobs but the covid boom is over and many business hired a lot of staff to cover the increase on business.

Things are settling now and a reset is happening but this does not look good when you're out here looking to buy a publisher for 70 bill.

 

[Corndog]

According to Schreier



It sucks if true.

This is old news

https://www.neogaf.com/threads/micr...oval-watch-ot.1641775/page-366#post-267352161

 

[thicc_girls_are_teh_best]

Are Microsoft at least offering these employees a good severance package? Anything good enough to soften the blow while they transition to finding some other employment?

 

[reksveks]

Shit news for the people involved, hopefully they find a good place but everyone is tighten thier belts.

I do wonder whether growing from 140k to 220k fte in two years was the right move but hindsight is 50/50 or whatever the saying is.

 

[LordOfChaos]

Amazing that 10,000 human beings is 5% of their overall workforce

Layoffs always hurt, but I can understand being tighter with money in this environment

 

[The Cockatrice]

This is old news

January 18, 2023

Are you from the future?

 

[mckmas8808]

So bloated.

If done correctly they can get rid of 40% and still run properly. Just look at Twitter.

Armchair Executives on the internet are always the worst!

 

[reksveks]

Are Microsoft at least offering these employees a good severance package? Anything good enough to soften the blow while they transition to finding some other employment?

This is the key question, at least Zuck in the previous round of layoffs was generous with the severance.

 

[Corndog]

January 18, 2023

Are you from the future?

Look at my edited post.

 

[geary]

I wonder how many of those employees were project based or on fixed period contract.

 

[The Cockatrice]

Look at my edited post.

A day old is old news? We did not have a thread about it.

 

[DeepEnigma]

A day old is old news? We did not have a thread about it.

Please understand™

 

[Corndog]

A day old is old news? We did not have a thread about it.

I was more referencing that moron schrier

 

[remember_spinal]

Microsoft should buy more major companies

 

[Kacho]

I don't think you both understand how big this is, 10K is a lot of people to lay off at one time this isn't normal at all.

No way all those positions were redundant

I should have clarified. I was talking about the Bethesda layoffs specifically. No clue about the other divisions.

 

[SLB1904]

Isn't this kinda inevitable when you buy big companies?

 

[Solarstrike]

Sickening. This should be criminal. The government lets them buy companies then they shudder them. Won't be long before Microsoft requires a monthly fee/subscription to use Windows.

 

[geary]

Isn't this kinda inevitable when you buy big companies?

Dunno, ask the flower power guys who live their life in a fairytale world.

 

[thicc_girls_are_teh_best]

This is the key question, at least Zuck in the previous round of layoffs was generous with the severance.

Yeah I'm interested to see what's up with that. A really good severance package softens the blow and would also be good PR and goodwill toward not just those employees but future employees. A shit severance package or none at all is...well, that won't be a good look.

 

[DeepEnigma]

Sickening. This should be criminal. The government lets them buy companies then they shudder them. Won't be long before Microsoft requires a monthly fee/subscription to use Windows.

They're working on their OS to eventually be cloud-based. Bet.

 

[Ghost of Caelid]

What sucks is they continue to or hit near record profitability are making a purchase which could pay for every employee to have a secured job for life but would rather cut cost so investors can make a fraction of a percentage more than last quarter or never lose any money what do ever any quarter. Our system is truly fucked.

 

[GymWolf]

I hope they are gonna find a job soon, this are not the times to remain without a job.

 

[RoboFu]

Pretty crazy and Amazon is laying off 18,000 as well.

 

[Ar¢tos]

Sometimes it's for the better (regarding the company, not the employees...) and it's best not to wait too long to do it. Sony waited one gen too long to clean up Japan Studio.

 

[Halo is Back]

Wow, that's a crazy amount of people. Not a good look when you just spent 69B on an acquisition.

 

[Crispy Gamer]

This sucks if MS is laying off game division employees then expect more companies to follow suit...10,000 is a ton of employees no matter the percentage

 

[Goalus]

It's only like 5% of their workforce.

We don't know if these people did actual work. I suspect that MS did a lot of diversity hires to improve their ESG rating. I just hope that they didn't fire anyone who was actually valuable.

 

[NickFire]

Wow, that's a crazy amount of people. Not a good look when you just spent 69B on an acquisition.

Too harsh and too soon. Be nice and give the green spin machine a minute to catch its breath. The look will be just fine once the usuals start publishing stories about how virtuous layoffs often help people find themselves, and reducing employees also reduces dangerous gases from the vehicles those employees used to drive to work. The look will be even better when Sony gets blamed for blocking a deal and causing these layoffs. All in good time. All in good time.

 

[Gudji]

Isn't this kinda inevitable when you buy big companies?

But the green rat legion said it would be ok since its MS.

 

[jm89]

We don't know if these people did actual work. I suspect that MS did a lot of diversity hires to improve their ESG rating. I just hope that they didn't fire anyone who was actually valuable.

Huge demand for ms services since COVID pandemic. Teams usage went through the roof, and thats just one product. Probably needed to hire a shit ton people to keep things moving.

Hopefully these folks find something soon.

 

[Jennings]

We don't know if these people did actual work. I suspect that MS did a lot of diversity hires to improve their ESG rating. I just hope that they didn't fire anyone who was actually valuable.

Oh god, shut the fuck up you moron. Leave me out of your bigoted circlejerk

 

[DanEON]

replacing them with ChatGPT.

 

[Banjo64]

Amazing that 10,000 human beings is 5% of their overall workforce

Layoffs always hurt, but I can understand being tighter with money in this environment

Aren’t Microsoft absolutely creaming it in the post pandemic world? Even more so than usual. Those 10k salaries are not even a tiny brown speck of shit in egg’s bloomers.

Just googling ‘microsoft profit’ gave me this as the top result;

• Microsoft gross profit for the quarter ending September 30, 2022 was $34.670B, a 9.47% increase year-over-year.
• Microsoft gross profit for the twelve months ending September 30, 2022 was $138.619B, a 14.21% increase year-over-year.

 

[Tomi]

I think recession is starting to be a real threat

Get ready to witness 2008 again

 

[A2una1]

It won't affect affect Starfield. Starfield is nearly done, so certain sectors of the games development are being let go. This is normal, it's just sensationalism.

They will scale up again as ES VI production ramps up.

Nearly done...on a Bethesda game...cute. Their games required patching over patching even before it was this plaguious as it is now...

 

[Pop]

Game Pass just ain't cutting it huh

 

[Solidsnake_1]

if Microsoft pulled out of the Activision deal and put that $68.7bn towards employee salaries instead, it could keep the 10,000 staff it is laying off today on the books for over 41 years.

By announcing 10,000 layoffs while trying to spend $68.7bn on Activision, Satya Nadella and Microsoft reveal their true form.

 

[PendekarRajawali]

lets get this one to 10 pages people, come on we can do it!!!!

 

[DeepEnigma]

lets get this one to 10 pages people, come on we can do it!!!!

 

[Kokoloko85]

Shame MS gets to control who gets laid off in Bethesda. Thats one of the issues with publishers getting bought

 

[RiccochetJ]

Aren’t Microsoft absolutely creaming it in the post pandemic world? Even more so than usual. Those 10k salaries are not even a tiny brown speck of shit in egg’s bloomers.

Just googling ‘microsoft profit’ gave me this as the top result;

• Microsoft gross profit for the quarter ending September 30, 2022 was $34.670B, a 9.47% increase year-over-year.
• Microsoft gross profit for the twelve months ending September 30, 2022 was $138.619B, a 14.21% increase year-over-year.

Problem is profits don't matter if it's not as much as investors want or expect. Simple fact is that their stock is down 30% from their high a year ago. When a company's stock is 30% down, changes will be made and unfortunately one of the first and easiest things that they do is let people go.

 

[Andodalf]

This is probably cuts to the 76 and mobile teams, BGS is not just BGS Rockville

 

[DeepEnigma]

This is probably cuts to the 76 and mobile teams, BGS is not just BGS Rockville

Cutting mobile? I thought that was the sole reason in buying up ABK? /s

 

[spookyfish]

Bethesda employees? That sucks. MS so recently acquired them. At the same time, they are onboarding more people by acquiring Activision. I do not understand the rationale behind it.

Anyway, 10K people are too many. Best wishes to the people who lost their jobs and their families. I hope they find themselves back on their feet very soon. Being downsized sucks.

This is what usually happens with any acquisition or merger. In other news, I wasn't aware the deal had gone through.

 

[Magic Carpet]

Did 343 completely get the ax?

 

[StealthGoblin]

Very large number of layoffs. For some reason I thought Microsoft would be bigger worldwide. The NHS has 1.3 million employees for example, I thought a tech giant worldwide with such huge profits would be larger.

 

[Fuz]

Starfield is nearly done

It is, though?