These job cuts don’t fit with the latest business figures. At the end of April, Microsoft reported a net profit of $25.8 billion for the quarter, which exceeded expectations, and also issued a positive forecast.

[–] protist@mander.xyz 7 points 2 months ago

Well sure, but how much of that $25.8 billion actually makes it to the pockets of the shareholders and the C-suite? What about them, huh?

[–] BrotherL0v3@lemmy.world 6 points 2 months ago

If the name "Jack Welch" does not ring a bell to anyone reading this, I highly recommend giving "Welchism" a search.

[–] Alexstarfire@lemmy.world 5 points 2 months ago

Almost enough for a month's supply of ink for their printers.