• BigMikeInAustin@lemmy.world
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    2 days ago

    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.

    • BrotherL0v3@lemmy.world
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      1 day ago

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

    • protist@mander.xyz
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      1 day 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?