Microsoft (MSFT.O), opens new tab said on Monday it is offering voluntary buyouts to about 60,000 employees, or more than a quarter of its global workforce, as the technology giant looks to contain costs and help fund its massive AI investments.
Meaning, fund their losses. The receipts are coming due.
If microsoft is a casualty of the upcoming market crash, that would be so hilarious.
They’re already making losing plays. They spent too much building out worthless technology that no one wants, and now they’re amputating parts of the company to help pay off the debt.
They’re just trying to fail gracefully at this point.
Meaning, fund their losses. The receipts are coming due.
If microsoft is a casualty of the upcoming market crash, that would be so hilarious.
They’re already making losing plays. They spent too much building out worthless technology that no one wants, and now they’re amputating parts of the company to help pay off the debt.
They’re just trying to fail gracefully at this point.
I guess time will tell if they’re an AOL or a Bear Sterns.
They were struggling before and Copilot has been a disappointment they can’t admit to. They were going to be the first to fall. But not last.