Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Microsoft slashes some jobs amid slowing revenue growth
The HIll ^ | 10/18/2022 | Brad Dress

Posted on 10/18/2022 10:49:17 AM PDT by ChicagoConservative27

Microsoft has cut some jobs after it faced slower revenue growth last quarter.

According to Axios, the tech giant slashed around 1,000 jobs across a variety of sectors.

A spokesperson for Microsoft told The Hill that “like all companies, we evaluate our business priorities on a regular basis, and make structural adjustments accordingly.”

“We will continue to invest in our business and hire in key growth areas in the year ahead,” the spokesperson said.

Microsoft had employed about 220,000 people at the end of June.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Culture/Society; Government; Your Opinion/Questions
KEYWORDS: jobs; microsoft; revenue; slashes
I thought the economy was strong as hell according to diaper lips? (S)
1 posted on 10/18/2022 10:49:17 AM PDT by ChicagoConservative27
[ Post Reply | Private Reply | View Replies]

To: ChicagoConservative27

Microsoft may be cutting jobs because they can’t field better products.


2 posted on 10/18/2022 10:52:21 AM PDT by T.B. Yoits
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

Intel is laying off, too.


3 posted on 10/18/2022 10:54:42 AM PDT by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27
According to Axios, the tech giant slashed around 1,000 jobs across a variety of sectors.

That's less than half of 1%, iow, a meaningless drop for MS employment. They probably lose more than 1% of employees on a monthly basis.

But, for the general economy, the number of hamburger flipper jobs will probably create more than 10,000 jobs, thereby, making the number of jobs lost at MS insignificant. The difference between the MS jobs' wages and those of the hamburger flipper jobs, won't get reported.
4 posted on 10/18/2022 10:57:09 AM PDT by adorno
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

Please, please, please lay off the people who write the programs that force “helpful” suggestions on me in my Word documents.


5 posted on 10/18/2022 1:26:07 PM PDT by Opinionated Blowhard (When the people find that they can vote themselves money, that will herald the end of the republic.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: T.B. Yoits

#2 Wait till Windows 12 comes out!
Why they will be on a hiring binge then!....


6 posted on 10/18/2022 2:57:07 PM PDT by minnesota_bound (Need more money to buy everything now)
[ Post Reply | Private Reply | To 2 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson