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Meta lines up layoffs while Microsoft offers buyouts
Meta lines up layoffs while Microsoft offers buyouts
Meta will lay off 8,000 workers while Microsoft is offering buyouts to 8,750 people, a first for the Windows maker.Al Jazeera
This is a very Accelerando-like issue we're up against. I remember when the music copyright mafia busted in and attacked Manfred and how he had a near constant influx of patents and lawsuits coming and going, so much so he required external brain augmentations to process/handle everuthing, and most lawsuits were not even from humans. It's sounding more and more familiar every day. Manfrer was really on to something refusing to deal in money. The future really is a foreign country... 🤷
#accelerando #sciencefiction #solarpunk #futurism #ArtificialIntelligence #technology #copyright #censorship #decentralized #bookstodon
Microsoft encourages chunk of experienced US staff to leave
Microsoft has committed to improving the quality and reliability of Windows, and a step on the path to that goal is… encouraging a chunk of its US staff to leave the company.As confirmed by The Register sources, the company has announced, via internal memo, a voluntary buyout scheme for US employees. So if you work in that region, are at the senior director level or below, and if your age plus years of employment at Microsoft comes to 70 or higher – you might be eligible to leap from the gangplank of the good ship Nadella rather than receiving a shove from HR.
There will be some exceptions, including employees with sales incentive plans, but a figure of approximately 7 percent is a guide to how big a chunk of the workforce could be eligible. That translates to just under 9,000 employees.
Buyouts always reduce quality. The most expensive employees are the ones with deep institutional knowledge. That's great for quarterly results, but little else.
Microsoft tackles quality control issues. Just kidding, it's encouraging experienced workers to leave
: Windows giant offers buyouts to eligible staffers willing to walkRichard Speed (The Register)
