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Microsoft posts $92.3bn quarterly revenue after offering buyouts to 60,000 employees
(www.theguardian.com)
This is a most excellent place for technology news and articles.
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.