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BLewis

(2 posts)

3. Nothing to do with A.I. -- it's about greed

Reply to Nigrum Cattus (Reply #2)

Thu Jul 3, 2025, 08:39 AM

Jul 3

This is not about A.I. -- no matter their comments to use it as an excuse.
I have family members affected by this latest layoff. No rhyme or reason to the cuts ... just workforce reduction.
And they just did a stock buy-back this last Fall.
And they reported $70B in revenue for the first quarter of this year!

THIS IS ABOUT GREED. Stock price and Dividends are driving factors.
People are no longer the "human assets" that make the company successful -- they're dispensable ... like paperclips.

Microsoft 1st qtr. 2025 Revenue

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Microsoft's largest layoff in years hits Xbox, sales and other divisions [View all] Omaha Steve Jul 2 OP

Layoffs in Oregon are starting to add up. Intel is about to layoff thousands and even ODOT is laying off 600. CentralMass Jul 2 #1

Beginning of the A.I. takeover Nigrum Cattus Jul 3 #2

Nothing to do with A.I. -- it's about greed BLewis Jul 3 #3

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One big factor is... littlemissmartypants Jul 3 #4

I think that AI is definitely starring to part of th e issue. CentralMass Jul 4 #8

Xbox sales have been horrible the past year NickB79 Jul 3 #5