From: arne@vajhoej.dk   
      
   On 9/19/2025 8:38 PM, Lawrence D’Oliveiro wrote:   
   > On Fri, 19 Sep 2025 08:23:03 -0400, Arne Vajhøj wrote:   
   >> Revenue is going up.   
   >>   
   >> Profit is going up.   
   >>   
   >> Stock price is going up.   
   >>   
   >> That is a nice form of crisis.   
   >   
   > They laid off 9000 employees just a couple of months ago, and it seems   
   > like there is more to come.   
   >   
   > The article says that this might be inculcating a “culture of fear”   
   within   
   > the company. Which Nadella did not address in his talk.   
      
   Microsoft has had several layoff rounds.   
      
   But most of the big tech companies are laying off lots of   
   employees despite operating with huge profits.   
      
   Many possible reasons:   
   * layoff employees with some skill sets and hiring   
      other skills sets to adjust to changing demands from   
      business   
   * fixing the problem of over-hiring in the past   
   * layoff employees in high cost countries and hiring   
      employees in low cost countries   
   * replacing employees with AI   
   * reducing OPEX (employees) to increase CAPEX   
      (AI infrastructure)   
   * preparing for potential recession   
      
   Take you pick(s).   
      
   Employees are obviously not happy about it. But when it is   
   the entire industry or at least a big part of it, then there   
   is little they can do about it.   
      
   There is even repeated rumors that new AI startups in   
   California try to push the 996 model.   
      
   Arne   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)