Microsoft’s had 10,000 layoffs

I did an intuit calc that was generous, and ended with a cost of $387k/employee as a hypothetical.

That’s $3.87 billion for a company with $99b in the bank, that just bought activistion for $70m.

So you can’t float $3.87b for a year or two, freeze hiring and move people around?

To put it into perspective, would you find it selfish if a local Small business had $1m in cash, and it cost them $40,000 to keep 10,000 people employed?

Yeah people would riot.

When you scale it to working class numbers, you can see it’s a slap in the face of corporate propaganda

Yea, 2FA is not used in encryption at all. It's only part of authentication to retrieve the encrypted vault. Since the vaults were already stolen, 2FA is meaningless here.

When did they announce it did?

She made 20 million+ last year. She's doing whatever she wants. Also the blacklist is made up.

I stopped when my cart came back from krogers and the shopper said they didn’t have q tips….. or potatoes.

Come the fuck on man.

https://www.macrotrends.net/stocks/charts/AAPL/apple/cash-on-hand#:~:text=Apple%20cash%20on%20hand%20for,a%2022.89%25%20decline%20from%202021.

Apple doesn't have trillions

Here’s the thing that gets me though, so many of these places have cash. Apple can’t just tell me they can’t eat salary for 2,000 employees for 5 years while weathering until the next cycle.

Like I respect your view, but realize you’re parroting corporate defined normalcy; “This is just how things work”.

But why. Apple has trillions in cash. Trillions. Payroll and OM costs for a decade of 2,000 employees isn’t going to make a dent into a trillion dollars.

It's almost like it's more acceptable these days.

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Isn't it weird how people keep doing crimes in order to achieve greater profit?

Have they also announced that "privacy doesn't matter [anymore]"?

Because it is a quote.

look at this guy, he thinks instacart has profits lol

Bingo! Left there but was part of the company that, you know, actually made money. Kind of crazy that they blew so much a year on vaporware and then had the balls to cut people in f'king ads of all places.

I don't think this is correct. There's a lot you can do by shifting people around and tightening up efficiency... but ultimately you can have multiple jobs that could be combined into one. In large corporate culture a lot of people survive by hiding and acting as though they have more work than they actually do.

There's only so much efficiency you can purchase and it has a cost. If you can purchase a 30% efficiency by updating a software... it means you would need 30% less people to do the same job.

We're about to hit a lull in tech where it won't be expanding largely due to a lack of investable opportunities. A lot of these tech companies have been trying to recreate the wheel on a number of products and basically about a thousand of them are all market losers all at once. Tightening up their operations will mean shelving a lot of projects that are going nowhere.

Could you imagine how much money Google could have saved if they shelved Stadia right away? Or how much money Facebook would be ahead if they never engaged in the Metaverse? There's all sorts of large projects you can just shelf in these companies that have no real value. Those employees can be reassigned to other tasks... but more likely getting rid of them and making them reapply is simpler.

We stopped using InstantCart when they came back with less than 50% of our order…including dog food…with substitutions on everything. Wish we could’ve adjusted the tip because we tipped off the full order amount. They don’t treat their workers right and it creates this kick-the-dog situation. Can’t wait for them to go out of business…any other competitor could do better.

> Outcomes that look like efficiency are achieved by

... reclassifying your toxic chemical train as non-toxic to save money–it probably won't derail and poison several counties.

Sounds like she doesn’t want to actually do work. It’s been a gravy train and she knows she’ll be let go.

Huge complications for anyone leaving Meta after 2020. Lots of tech companies have people like that on hiring black lists. Wonder if she's staying in tech or retiring early.

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Efficiency comes from people caring about being better each day. Most people don't they just want the paycheck.

Zuck pissed billions of dollars into a strong wind with nothing to show for it. Now he's concerned that parts of the company with actual deliverables are spending too much money so he's packing some cash back into the ledger at the expense of around eleven thousand people who didn't fuck up as badly as he did.

It's in quotations because actual efficiency has nothing to do with it. It's just the word he's chosen to use.

Musk doesn’t own Meta. Zuckerberg is the one who own Meta.

Because cutting cost to give the illusion of “efficiency” doesn’t yield said “efficiencies”

To be fair, Zuck is also an asshat. Just a different asshat.