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MS Will Chop 700 Jobs Next Week!

Discussion in 'BlackHat Lounge' started by The Scarlet Pimp, Jan 21, 2017.

  1. The Scarlet Pimp

    The Scarlet Pimp Senior Member

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    Gotta love Gates... :(

    Microsoft to cut 700 jobs as part of previously announced layoffs

    Microsoft will announce about 700 job cuts around its earnings call next week, as part of its previously announced plan to cut 2,850 jobs by June 2017.

    The cuts, first reported by Business Insider, will not be concentrated in any particular area, but are part of an effort to update skills across the company. Microsoft had more than 114,000 employees as of June 30, 2016, the end of its last fiscal year, and has more than 1,000 open positions that it's seeking to fill.

    The company is in the midst of a years-long transition to a cloud model, where it sells software as subscription services, rather than licensing it for installation on computers owned by its customers. During this transition, which accelerated when Satya Nadella took over as CEO in early 2014, Microsoft has laid off more than 25,000 workers, mostly from the smartphone business it gained in its 2013 acquisition of Nokia.

    The company will announce earnings for the December quarter on Thursday, January 26. Analyst polled by Thomson Reuters expect earnings per share of $.78 on revenue of $25.27 billion.

    http://www.cnbc.com/2017/01/20/microsoft-to-cut-700-jobs.html
     
  2. jiungsong

    jiungsong Jr. VIP Jr. VIP

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    Wow, that's an awful lot of jobs being cut and a lot of people losing their main source of income...
     
  3. Neon

    Neon Jr. VIP Jr. VIP

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  4. Floopa75

    Floopa75 Jr. VIP Jr. VIP

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    They'll go across the street and work at Dropbox. I heard Dropbox has slides, AND SWIIIIIINGS!
     
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  5. nomxyl

    nomxyl BANNED BANNED

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    great news . thanks
     
  6. The Scarlet Pimp

    The Scarlet Pimp Senior Member

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    wonder if this will cause a stampede to linux? :D
     
  7. blogzandstuff

    blogzandstuff Elite Member

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    And a sandpit that's supervised by responsible adults
     
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  8. Reaver

    Reaver Jr. VIP Jr. VIP

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    What are they doing with Nokia? I mean they laid off 25,000 workers.
     
  9. JustUs

    JustUs Power Member

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  10. Chinatown

    Chinatown Registered Member

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    Wow. Microsoft wants to run off robots and clones of employees.

    Human clones don't have rights last I checked. My information source is my heart. It never steers me wrong.

    Robots and clones are coming soon.
     
  11. anon7

    anon7 Newbie

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    I switched over a couple of years ago, and never looked back. :cool: