If Microsoft is doing so well and swimming in money, why so many cuts (about 29,000 layoffs so far this year)?
https://techrights.org/n/2025/07/30/Wall_Street_Does_Not_Care_About_Microsoft_s_Impending_August_La.shtml
4 replies (most recent on top)
Steve Balmer: "Developers, developers, developers, developers!"
Sam Altman: "AI will probably most likely lead to the end of the world, but in the meantime, there'll be great companies."
Elon Musk: "I'm not a businessman, I'm a techbro"
Niccolò Machiavelli: the ends justify the means
Richard Nixon: "when the president does it, that means that it is not illegal"
DJT: "If it saves the country, it's not illegal"
MSFT is going to invest $80 billion to compete in AI against the meta of the world; for this they need to cut cost: which means big layoffs: this is the AI gold rush and America is leading the way ;
Sartre Philosopher said: “all means are good when they are effective”
They don’t want Microsoft to be the next IBM, so they clean up the swamp before it’s too late
Good Results 🥳🥳. That’s the American way of business - Shareholder value 📈🎉🎉. Thanks Satya and his LT - good job