144
Microsoft posts $92.3bn quarterly revenue after offering buyouts to 60,000 employees
(www.theguardian.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 29 Oct 2026
144 points (98.0% liked)
Technology
89155 readers
4275 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 3 years ago
MODERATORS
If they are doing this well, why are they trying to get rid of a bunch of employees?
Implies that they are getting replaced by bots.
Not to me, this implies to me that they overspent on AI and they now need to claw back some money.
more like COVID hiring.
in June 2019 they had 144,000 employees.
2020 163,000 employees
2021 181,000 employees
2022 221,000 employees
now they have around 230,000 employees
the spike in hiring coincides with the rise of COVID and moving the whole world online
after losing 60,000 they will have 170,000, still almost 30k more than 7 years ago.
Nice data, great theory.
I guarantee they are essentially offshoring most of these roles; as in they'll focus on hiring in India and SEA moving forward.
They already employ a massive number offshore.
Same reasons big retail companies do it. Release thousands of workers, absolve yourself from paying their insurances and salaries. Reap the rewards. Go back to hiring people, do it again for another quarter.
Because less people to pay means more money for the higher ups at the company?
Let me introduce you to the trickling wonders of US economics...
The buyouts were offered to their aging orgs. Datacenter workers, quantum, MAI, sales and marketing, and cybersecurity were not included. https://finance.yahoo.com/technology/articles/microsofts-buyout-offer-employees-shows-135510739.html