Microsoft To Lay Off 700 Employees Next Week, Report Says (geekwire.com)
According to a report by Business Insider (Warning: may be paywalled), Microsoft will cut about 700 jobs in conjunction with its quarterly earnings release next week. GeekWire reports: The latest layoffs are part of the company's previously announced plan to cut about 2,850 roles globally during its current fiscal year, according to the Business Insider report. The company declined to comment this afternoon, but we understand the report to be accurate, based on our own sources. Next week's cuts will be spread across a variety of job functions inside the company. The company's previous job cuts have come in areas including its smartphone business and global sales team. Microsoft announced its largest cuts in July 2014, eliminating 18,000 jobs, or 14 percent of the company at the time.
It's the way of big companies. The same thing happened in IBM and Nokia. The management gets bonuses based on short term goals. They start to cut the long term investment. They fail to do the research needed to deliver good products their customers need. They start to cheat their customers. After some years the business sufffers from loss of revenue. Only by cutting costs can they keep the profits. The management gets bonuses based on short term goals.
Quite early in the cycle you start filtering out so that the best people who can leave do leave and the worst people who can't leave but don't mind sacrificing their friends fight their way to the top. Microsoft ceased being critical years ago. It ceased being important recently. Soon it will cease being relevant. Speaking as a veteran of such a spiral (which is why I have to post anon), if you are good and you are working there get out now whilst having Microsoft on your CV still won't block your possibility to work elsewhere.
I think Microsoft is saying one thing in public and doing just the opposite. It has not improved its mobile position in the least with Windows 10. Universal Apps is a flop on the desktop and even Xbox is selling half of what Playstation is for Sony. Windows 10 probably can't be considered a flop, but it certainly shows much in value to its users as sales flat lined after the free upgrade period. Even the Surface line appears to be struggling to expand in a market where cheap PC's are the only thing propping up sales. Office and cloud seem to be the only bright spot for Microsoft these days.