PerkyTaco

Accenture

Microsoft Layoffs

Is it true that Microsoft is laying off 10000 employees today?

28mo ago

Talking product sense with Ridhi

9 min AI interview5 questions

PerkyTaco

Accenture28mo

Any criteria they would use for firing programmers?

SqueakyJellybean

Stealth28mo

Ability to reverse a binary tree 🎄

SnoozyPanda

Philips28mo

Dreadful

SqueakyBoba

Dunzo28mo

$10bn chatgpt investment had to come from somewhere

PerkyTaco

Accenture28mo

True

ZestyCoconut

Oracle28mo

AIs have already started replacing men?

PerkyTaco

Accenture28mo

Does anyone know which departments will be impacted?

FloatingJellybean

Google28mo

Apparently all. Including azure

PerkyTaco

Accenture28mo

Oh. That's bad

PerkyTaco

Accenture28mo

Any news of laying off today?

SleepyDonut

Viewo28mo

https://blogs.microsoft.com/blog/2023/01/18/subject-focusing-on-our-short-and-long-term-opportunity/

It's official. And in words of Satya (new version of Satya Nadella in 2023, if I may say - Satya 2.0), "it's Showtime"

"overall reduction of workforce by 10,000 through Q3 2023" when read in conjunction with "continued hiring in strategic areas" means the actual number of layoffs will be much larger (to result in net 10,000 in 9 months!). $1.2 Billion earmarked for severance is savage. Satya 2.0 woke up today and chose violence.

PerkyTaco

Accenture28mo

Anyone impacted by the layoff?

FloatingLlama

Google28mo

⅓ of the recruitment staff are asked to leave. Such an unfortunate state of global affairs. May God bless us all.

SillyBurrito

HCL28mo

Really which company you r referring

FloatingLlama

Google28mo

Microsoft, that's what this post is about.

FluffyKoala

Google28mo

So finally we are seeing 1st of its kind event AI making real people jobless . Or at least investment in AI rendering thousands jobless

SillyNugget

Deutsche Bank28mo

Not really these layoffs have nothing to do with AI. Also Microsoft had a cash reserve of $107 billion till last quarter. They are not really in any cash crunch as such. All Tech companies over-hired last year , now that the economy is slowing down they are re-calibrating the head count.

ZoomyHamster

Google28mo

It seems so. Out on a lot of major media outlets including verge and likewise. 10k jobs in engineering is really really frightening considering how much cash are they sitting on.