2026-10-26 20:29 UTC
Replies (12)
-
@Warl0k3@lemmy.world 2026-10-26 21:15
including those working in AI experiences, Copilot, finance, human resources, Xbox and Windows + Devices Joy. Well, maybe that means they’re moving away from copilot…
-
@Pyr_Pressure@lemmy.ca 2026-10-28 03:21
It baffles me that the government is always pushing AI but also dependent on the job market hiring and not laying people off. They are at odds.
-
@nullify3112@lemmy.world 2026-10-27 21:20
I really don’t understand what Microsoft is doing here, well I will just pretend to be willfully ignorant for a second: When company such as Microsoft is presented with the gift of drastic improvement in productivity, why is their first reaction to lay people off? Shouldn’t they capitalize on the gains, take on more work, release more products gain market share and make more money? Microsoft is a software company. Why aren’t they releasing more software? Why are they laying people off in their video games studios? There are so many segments of the software and hardware industry they could enter or re-enter or expand. Video editing software, music production software, social media, micro computers, consumer electronics accessories… Either they have no leadership or they know the productivity gains are not real, or both.
-
@kreskin@lemmy.world 2026-10-28 02:45
It makes sense, no one likes any of their products.
-
@godsammitdam@lemmy.zip 2026-10-28 04:18
Since the original post apparently disappeared: Oct 26 (Reuters) - Microsoft (MSFT.O), opens new tab said on Monday it is offering voluntary buyouts to about 60,000 employees, or more than a quarter of its global workforce, as the technology giant looks to contain costs and help fund its massive AI investments. Staffers across the Windows maker would be eligible for the offers, including those working in AI experiences, Copilot, finance, human resources, Xbox and Windows + Devices, a source familiar with the matter told Reuters, requesting anonymity as the matter was private. Units such as marketing, commercial business and security will be excluded, the source added. “This offer gives eligible employees who may be considering a future outside the company a new choice to make that transition now with support. It also gives participating organizations another way to adapt their workforce to changing needs,” Chief People Officer Amy Coleman said in a staff memo. Like other tech giants, Microsoft is spending hundreds of billions of dollars on AI data centers and chips, drawing scrutiny from investors over whether the returns will justify the staggering cost. The company, slated to report first-quarter results after markets close on Wednesday, has forecast $175 billion in capital expenditures for the 2026 calendar year. Microsoft had 223,000 full-time employees globally as of June 30, 2026, according to its annual filing. Shares of Microsoft, which had risen about 10% this year, were up about 1% on Monday. The development was first reported by Business Insider. The company earlier this year offered voluntary buyouts to about 7% of its US workforce, or about 9,000 employees. In July, Microsoft announced it would cut 4,800 jobs, or about 2.1% of its global workforce, overhauling its Xbox gaming business and divesting up to five studios as it looks to boost returns after years of heavy investment in the division. “This offer will be available to eligible employees in participating teams in Canada, India, the United Kingdom and the United States at level 70 and below,” Microsoft said on Monday. The company said it was a time-limited, voluntary program and built on insights gained from a previous voluntary retirement program. The eligible employees will receive details within the next few hours, it added.
-
@BigMacHole@thelemmy.club 2026-10-28 04:23
If ONLY we had Cut Their Taxes they would be HIRING people INSTEAD of Firing People! If ONLY! -LITERALLY Republicans!
-
@GreenKnight23@lemmy.world 2026-10-28 04:25
if you work in IT, you really need to think about what kind of job you’ll do in the next couple years.
-
@Tollana1234567@lemmy.today 2026-10-28 05:14
and they want to shuttle XBOX to shovel more AI slop.
-
@Balldowern@lemmy.world 2026-10-28 03:03
I heard from a colleague in India that Microsoft laid off ~8000 Indian employees last year (close to 40%). That included contractors. Replaced them all with A.I I think that’s about to happen here.
-
@ParlimentOfDoom@piefed.zip 2026-10-27 12:56
Offering buyouts to 60k people is not the same as looking to remove 60k employees. A lot of those people are not going to take them, and MS has that factor into the number they offered.
-
@Agent641@lemmy.world 2026-10-28 06:02
Will this make line go up?
-
@foggianism@lemmy.world 2026-10-28 08:28
Is this the innovation capitalism is promoting?