Major layoffs are going on at Microsoft, where around 10,000 people have lost their jobs. This comprises a little less than 5% of the company's total workforce, with layoffs affecting multiple Xbox studios and Bethesda. While the specifics of which divisions suffered the most aren't confirmed, according to a report from Bloomberg, Halo developer 343 Industries was "hit hard". Currently, 343 has been working on content updates for Halo Infinite, and insider reports are claiming that going forward, they won't be in charge of the Halo franchise anymore, while another affected studio, The Coalition, had unannounced projects in the works. Severance packages will be offered to the outgoing employees, which will cost Microsoft about $1.2 billion. Microsoft CEO Satya Nadella claims that this decision was "difficult, but necessary", and that right now is "showtime" for Microsoft, and that the company and brand need to raise the bar in order to outdo the competition.

Source

 

[subcon959]

Happy New Year Employees?

 

[AncientBoi]

I saw that on my local news this morning. Sad

 

[Purple_Shyguy]

They don't want to continue paying first world wages when their entire workforce are pushing to unionize.

So now everything will continue to be outsourced to foreign countries like India like they already have been doing a massive amount of.

 

[Hayato213]

Suck for anyone that work for tech giants like Amazon, Google, Meta, Microsoft. I have known software engineers that works for Amazon and Microsoft so it really suck for them.

 

[Reploid]

Kinda sad, but I kinda want bethesda to suffer

 

[Kioku]

The decision was not difficult… corporate bullshit speak… it may have been difficult for the ones handing out the pink slips though. Hoping those affected land on their feet quick. Most of them will likely not find it difficult to head somewhere else.

 

[Marc_LFD]

Do they refer to them as a "family" too?

 

[AncientBoi]

Do they refer to them as a "family" too?

should've said DiD they. Some companies put out leaflets with the words "our Family of workers" Pffffffft I've always said

 

[HarveyHouston]

Here's a video to cheer those employees up!

 

[Kunty]

Trying to save some pennies after that $68.7 billion spending spree huh?

 

[Marc_LFD]

should've said DiD they. Some companies put out leaflets with the words "our Family of workers" Pffffffft I've always said

Heh, yeah. For the remaining ones, they're still "family," but the ones leaving they'll be "remembered."

It's just a bunch of bs. It's not family, it's a workplace.

 

[ZeroT21]

What a way to go into the new year

 

[JuanMena]

That's why they were in a studio buy-out frenzy?

Basically, keep the company and get rid of the people that (most likely) made and kept said companies alive?
How tf do they expect to keep them alive? A la Elon Musk?

What competition are tgey talking about? Apple? SONY?

 

[Dust2dust]

I heard on TV they were mostly hired to respond to the boosted customer demand due to the COVID-19 confinement. Now that the pandemic is mostly behind us, they don't need the extra staff anymore. Same story with the Amazon job cuts, too.

 

[AncientBoi]

I heard on TV they were mostly hired to respond to the boosted customer demand due to the COVID-19 confinement. Now that the pandemic is mostly behind us, they don't need the extra staff anymore. Same story with the Amazon job cuts, too.

Good point

 

[RedoLane]

And people wonder why I never applied to tech jobs.
Hope all those who got fired will find better treatment at a different company!

 

[r1vver]

Microsoft CEO Satya Nadella claims that this decision was "difficult, but necessary"

Did he also fire himself to save a few more bucks?

 

[Lazyboss]

Microsoft big plans:
1. Buy some companies.
2. Make promises but do nothing.
3. Fire the employees of those companies.
4. Mission accomplished.

 

[ZeroT21]

Seems like just another day at big corp