Worth Reading – Microsoft gives voluntary buyout offer to about 60,000 employees
Just in case you thought the tech industry job market was going to change:
Microsoft said on Monday it is offering voluntary buyouts to more than a quarter of its global workforce — including in Canada — as the technology giant looks to contain costs and help fund its massive AI investments.
https://www.cbc.ca/news/business/microsoft-voluntary-buyout-9.7396520
It’s not a layoff, but it’s the next best thing: telling over 25% of your workforce their jobs are so unimportant you’ll pay them to leave.
The tech job market is toast. There’s no other way to put it.
Also, if you’re out there telling people they should be more dedicated to their jobs while those same employers are willing to cut you loose at the first sign the stock price might drop, even as they rake in billions in profit? Just fucking stop. There’s no loyalty. Proceed accordingly.
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