https://massivelyop.com/2024/09/19/microsoft-inflates-its-stock-price-through-a-60b-buyback-of-shares-in-the-shadow-of-650-layoffs/
2 replies (most recent on top)
The company's debt is about 100 billion. Buying Activision and sinking money into hype did not pay off.
Either the layoffs are a reaction to the delay in the consumer and business PC upgrade cycle OR something worse is anticipated.
If it’s only in reaction to a lack of enthusiasm for upgrades (Co-pilot and Recall aren’t generating much excitement), maybe we can continue to push adoption of Windows 11 and, if necessary, sell more advertisements on the desktop.