Microsoft cuts 4,800 jobs and shrinks Xbox in 'significant restructure'

https://www.bbc.com/news/articles/c36yy27rnpeo

56 points · 2 comments · view on lemmy.world

2 Comments

manualoverride@lemmy.world · 14 pts · 52d

That’s 4,800 families going to have a really bad summer, people having to look for work when the tech sector is only laying people off, stress, depression and misery.

Microsoft made $101 billion in pure profit last year, if each of these employees were on $100k it would represent less than 0.5% of their profit.

People are disposable when all you care about is profit.

Narann@jlai.lu · -1 pts · 52d

The simple fact they cut 2.1% of their workforce show a bad futur for console gaming. Xbox market wasn't bad, I don't think they did this lightly.