Microsoft will be laying off 10,000 employees and Google will axing 12,000 employees over the coming weeks.
Wesley Hilliard for AppleInsider:
After a surge in hiring during the pandemic, many companies in the tech sector are laying off employees in droves to counterbalance a slowing economy. Even Apple has announced a hiring slowdown as a result, though other companies are taking more drastic measures.
Google and Microsoft have shared that they intend to lay off 12,000 and 10,000 employees, respectively. The companies blame inflation and a return to normal conditions post-COVID.
For Microsoft, this represents about 5% of the company’s total workforce, according to a CNN report. The company will incur a $1.2 billion charge in its second quarter related to severance costs, lease consolidation, and hardware portfolio changes.
Google’s reduction represents about 6% of its total workforce, according to a report from USA Today.
MacDailyNews Take: The responses to COVID-19 teach many lessons including one that some people already knew from the outset: feckless overreactions have long-reaching consequences.
The real virus is the panic. – MacDailyNews, March 9, 2020
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The most important lesson – never accept an experimental linjection from the government when they won’t tell you what is in it and when the technology used never has passed human testing and the animal testing killed all the animals. Now that many have done this, and “died suddenly” with no warnings is the leading cause of death, maybe a few people will learn, if they are still alive to apply the lesson to the next booster or the next fake vaccine. Remember, this vaccine was midwifed by the guy who brought you Windows Millennium Edition.
MDN. It’s time you started removing comments from idiots like Kent which are completely off topic.
Hey AAPLFanFsck, how about you just fsck the fsck off.
His comment is just fine – yours is the offensive one, you sack of Biden mucus.
Well as I live outside of the sick USA, I’m not interested in your politics.
MDN should moderate all comments to make sure they are on topic, not political and throw sickoes like you off the site.
You’re the sad sicko🤢🤮
To silence free speech is unacceptable unless you live in China or you are a Communist. Your second mistake is telling MDN how to run their successful business. Exactly where do you get the gall to tell others how to act and think like you, you arrogant prick…
Read my comment I’m merely trying to keep the comments on topic. Too many times on this site there are ridiculous political comments about Trump/Biden that bear no relevance to the article. Talking of pricks…..hello GoeB.
No, their is a difference between being a demanding forceful prick and expressing one’s opinions…
I wonder if they are using AI to determine the RIF in AI.
This what happens when you elect a president that probably doesn’t know what day it is and the rest of his administration wants to destroy the country and Google and Microsoft wonder why the economy is tanking… Duh….
Binden wasn’t elected, Election was stolen by the big cheat.
If these companies can lay off 10,000 employees with seemingly no impact to productivity, sounds like they had 10,000 employees too many.
It’s been reported in numerous places that MS, AMZN, GOOG and some others (not AAPL–apparently) went on a hiring spree during Covid nuttiness and the job cuts bring such players to employee levels that are STILL ABOVE pre-pandemic levels.
What the remainder of ’23 (recession) brings could add to these numbers?
It’s wonderful news! All those “quiet quitters”/millennials/genZ, all getting their dreams come true! So happy to see them get what they truly wanted!