back to article Microsoft says staff layoffs not linked to recession fears

Microsoft has laid off more than a thousand staff, classifying this as a sort of summer clean-up following closure of the latest financial year. The job losses, first reported by Bloomberg, impact less than 1 percent of the 180,000-strong global workforce, and are said to be varied across geography and job role, including …

  1. elsergiovolador Silver badge

    Shafted

    Sure tech workers make more money than someone flipping burgers, but thanks to inflation, wage stagnation and increasing progressive taxes, the gap is narrowing.

    Net profit was up to $55.9 billion

    Workers have produced $55.9 billion profit and as a thank you gesture they get a kick in the teeth rather than having a piece of that pie.

    It's a matter of time when selling weed will become a more sought after profession than engineering...

    1. IncreasinglyDisaffected
      WTF?

      Re: Shafted

      Is it just me, or does $US 311K profit per employee sound a little low for a software company? I'm not exactly weeping for Mister Softee here, but what's going on in there? And yes, they really would be better off with a hemp license...

      I guess they haven't really been a straight up software company for a long time.

      1. elsergiovolador Silver badge

        Re: Shafted

        If you want to be pedantic, then know that big corporations like Microsoft can declare profits as they see fit - i.e. to make the tax man happy and at the same time don't pay excessive tax. Any profit over the desired amount can be shifted offshore to tax havens and creatively accounted for.

  2. RSW

    Is it still a thing where MS get rid of the lowest performing x% of staff every year or was that never the case?

    1. Spazturtle

      IIRC they stopped that a while back. The current issue that is causing Microsoft, Google, ect to lay off employees is that for the past few years they have had a policy of deliberately over hiring in order to deprive competitors and startups of talent.

      That's why silicon valley companies have had all those silly policies like getting to spend time in a ball pit or work on your hobbies at work, because if everyone was fully productive all the time they would run out of work to do.

      Now the changing economic situation has made all of that unsustainable and they are culling all the people they don't need.

    2. Anonymous Coward
      Anonymous Coward

      I think it was called stack ranking. You can still read about those times at http://minimsft.blogspot.com/

    3. doublelayer Silver badge

      As I remember, they did that for a few years in the 1990s and discarded it as a really bad idea, but this was still a massive problem for two reasons. Everyone's heard the story about them and thinks it might still be true even though it's been decades. Also, other companies actually still do it, and I wouldn't be surprised to hear that a famous name like Microsoft was used to convince them to start. From the article on Facebook published today, it looks like it is the standard procedure for them and will now be used for firings.

  3. Pete 2 Silver badge

    Setting an example?

    > There is nothing lurking in the results that would indicate this round of employee redundancies is related to anything serious,

    Except perhaps removing some people who would not return to office working. Pour encourager les autres

    1. Anonymous Coward
      Anonymous Coward

      Re: Setting an example?

      Unlike some other big names, MS have been very relaxed about people working from home and have not exerted any pressure here. Trust me, I would know.

  4. knarf

    Nothing better than waiting for a payrise or a payoff.

    Seems rather brutal to me.

    1. Anonymous Coward
      Anonymous Coward

      Re: Nothing better than waiting for a payrise or a payoff.

      Yes, the uncertainty sucks, but there are worse things than being paid to leave a job.

      ... especially if it's a job you weren't that enthused about in the first place.

  5. TimMaher Silver badge
    Windows

    Age

    Anybody know if the demographics analysed employee age and/or pension allowances?

    Asking for an old friend.

  6. steviebuk Silver badge

    Doesn't help they are

    a US company so with very little rights can just email you a few hours early to ask you to clean your desk as you're now redundant.

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