Microsoft's Debt Grew Over 6 Billion Dollars in the Last Reporting Quarter (Before Inauguration), Expect Worse Next Week When 'Results' Are Disclosed and Mass Layoffs Resume
From the past day: (that will happen shortly after the "results")
Microsoft is already planning extensive layoffs. They're scheduled to happen shortly after next week's "results". Does that not say a lot?
Anyway, the detailed plan got leaked out earlier this month and Microsoft, when asked by the press, did not deny it. There have been about half a dozen waves of mass layoffs at Microsoft this year. We're still in April!
The company's massive debt continues to grow:
Shutting down many teams and units (soon Skype) didn't rectify things. Laying off tens of thousands of workers didn't stop the debt from increasing, either. Sponsoring Trump didn't prevent the stock's collapse.
Microsoft is bleeding. It does not want people to notice. Will it RE-celebrate an anniversary next month? █
"Microsoft, the world’s most valuable company, declared a profit of $4.5 billion in 1998; when the cost of options awarded that year, plus the change in the value of outstanding options, is deducted, the firm made a loss of $18 billion, according to Smithers."