2024 has seen two mass layoffs at Microsoft, with 1900 staff laid off in January, before a further 650 Xbox employees were shown the door in September.
Regardless, Microsoft’s shares are up and the company’s market value is now higher than $3tn, as it works to capitalise on the rise of AI.
That’s roughly 30k for every employee laid off
Sounds like an easy sell to the board, then. It it’s that much of a net positive in economics.
My math says roughly $12k
79,000,000 / 2,550 = 30,980
The increase is only 30 mill
Gotcha, sounds like we’re measuring two different things then