Layoffs Aside, Microsoft Will Have a Worker Retention Crisis (or 'Voluntary' Resignations It Won't Even Count as Layoffs)

Dr. Roy Schestowitz

2023-07-25 18:34:54 UTC
Modified: 2023-07-25 18:34:54 UTC

Minutes ago:

Summary: Microsoft's results, due shortly, are already expected to disappoint (but expect any proper journalism to be drowned out by sponsored chaff); it's clear that Wall Street "valuations" don't mean a thing when companies with almost 100 billion dollars in debt (some exceed 100 billion) are said to be worth trillions^* while they lay off a lot of staff and close stores _____ ^* See "Chokepoint Capitalism" or various Cory Doctorow essays on "enshittification"; Their goal is to lose money to establish both monopolies and monopsonues.

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