News Microsoft to Cut 1,000 More Jobs as Economic Conditions Bite

[Admin]

Microsoft plans to cut more jobs, affecting less than 1,000 of its total workforce. This is reportedly due to the impact of continuing economic conditions.

Microsoft to Cut 1,000 More Jobs as Economic Conditions Bite : Read more

 

[jkflipflop98]

It always hurts to hear someone has lost their job. At the same time, companies need to trim the fat every now and again. Tis the natural order of things.

 

[TechieTwo]

Ask yourself if U R better off now than you were two years ago when you go to vote in Nov. Ignorance isn't a solution to anything.

 

[PlaneInTheSky]

The expensive US $ is going to ravage tech companies like Apple too.

US export products, be it services or physical goods, are no longer competitive. When you compare them to Chinese, European or Japanese products that are still reasonably priced, US companies are asking a 30+% premium due to the strong $, that's ravaging US export sales.

 

[bit_user]

When you compare them to Chinese, European or Japanese products that are still reasonably priced,

Based on what, now? High energy prices are hitting Europe and Japan a lot harder than the US, and China's output has really struggled in the face of their "zero-Covid" policies, that have seen sporadic city-wide lock-downs continuing, even up to the present day.

I'm not saying you're wrong, but I'm just curious what data you're looking at.

US companies are asking a 30+% premium due to the strong $, that's ravaging US export sales.

The $USD is typically strong, during uncertain and recessionary periods. It's still seen somewhat as a safe harbor.

That's not all bad. It makes our imports cheaper than they otherwise would be, including energy (oil markets are $USD-based). "It could be worse" is never a popular message, but that doesn't mean it's not true.

 

[Deleted member 14196]

As long as they get rid of the chaff and slackers then it’s a good thing