● 07.25.23

Gemini version available ♊︎

●● Layoffs Aside, Microsoft Will Have a Worker Retention Crisis (or ‘Voluntary’ Resignations It Won’t Even Count as Layoffs)

Posted in Microsoft at 1:34 pm by Dr. Roy Schestowitz

Minutes ago:

Image: Are you staying? With no incoming increases and an earnings report that's set to be disappointing, is anybody else reconsidering their position at Microsoft? I know the job market is far from ideal, but with constant cuts, I don't see harm in at least trying to find something else.

Summary: Microsoft’s results, due shortly, are already expected to disappoint (but expect any proper journalism to be drowned out by sponsored chaff); it’s clear that Wall Street "valuations" don't mean a thing when companies with almost 100 billion dollars in debt (some exceed 100 billion) are said to be worth trillions* while they lay off a lot of staff and close stores _____* See “Chokepoint Capitalism” or various Cory Doctorow essays on “enshittification”; Their goal is to lose money to establish both monopolies and monopsonues.

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