Bonum Certa Men Certa

Microsoft's Debt is Growing and More Layoffs Likely Imminent Based on Steve Ballmer's Remarks

Benedict Arnold



Summary: Microsoft still surrenders its American troops for people overseas whose work conditions and wages will be relatively atrocious

EXPECT MORE Microsoft layoffs very shortly but also expect Microsoft to conceal those by hiring people (replacements) in places where wages are a lot cheaper. We heard some rumours about it last month [1, 2, 3] and now, based on the company meeting, it sure seems like Microsoft plans to announce more layoffs, then move the jobs to poorer countries. Their PR "damage control" Fried plays along with Ballmer's spin already:



"'Layoffs' is a very specific word," Ballmer told the paper. "Are we always trimming and remapping? We're always moving people around. We try something, a project doesn't quite work, we'll cut that team, we tell people find a job someplace else in the company. We're going to continue to do that sort of thing."


"It sounds to me that the message Ballmer delivered to the troops was false, except for the cuts will keep coming," Chips B. Malroy (pseudonym) interprets this as saying. "There will not be a lot of jobs for employees to move to if everything is being cut."

"They have been moving the jobs to poorer countries as they bump up against H1B limits," the reader "Twitter" replies.

“They have been moving the jobs to poorer countries as they bump up against H1B limits.”
      --"Twitter"
Malroy adds that a new comment on the Mini Microsoft blog (accommodated by anonymous Mirosoft staff) is saying: "Back from the company meeting. This has been be my 5th and never witnessed such a cold reception to Ballmer. Is it me or it this disaster CEO performance coming to a head within the company?"

It seems very possible that Microsoft will conceal the reality of layoffs using spin, euphemisms, and generally avoidance of questions about it. The company keeps running into deeper debts [1, 2, 3], which are currently excused as follows:

Companies like Microsoft are raising billions of dollars by issuing bonds at ultra-low interest rates, but few of them are actually spending the money on new factories, equipment or jobs. Instead, they are stockpiling the cash until the economy improves.


"Microsoft said it was using some of its money to buy back shares, other companies are locking in longer-term borrowing, and some of the new borrowing is financing an increase in mergers and acquisitions," Malroy quotes the New York Times as arguing. "All of this may enrich the corporations? shareholders and cut company costs in the long run, but it does not necessarily lead to more jobs and it does not represent the big investments in growth that could fuel a sharp economic recovery for everyone."

"Pretty good spin and cover for companies like Microsoft having to borrow to meet operating costs," concludes "Twitter". Malroy opines that one possible reason for all the borrowings is that Mirosoft stashes its money in some tax haven; one other possibility is that it's bluffing, unless another defensible reason could be given.

Recent Techrights' Posts

Rust is Starting to Seem More Like Microsoft-hosted "Digital Maoism", Not a Legitimate Effort to Improve Security
Maybe this is very innocent, but they seem to have taken a solid, stable program from a high-profile Frenchman and looked for ways to marry it with GitHub, i.e. Microsoft/NSA
 
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Thursday, May 08, 2025
IRC logs for Thursday, May 08, 2025
Links 08/05/2025: Mass Layoffs at Google Again, India/Pakistan Tensions Continue to Grow, New Pope (US) Selected
Links for the day
"Victory Day" - Part I: That is the Day Microsofters Who Assault Women Pay for Their Actions in Foreign Land (Using "Guns for Hire" Who Attack Their Own Country for American Dollars)
Adding a friend from Microsoft to the docket didn't help
Gemini Links 08/05/2025: Practical Gemini Use Case, Shutdown of the Blanket Fort Webring
Links for the day
Links 08/05/2025: "Slop Presidency", US Government Defunds Public Broadcasting
Links for the day
Lasse Fister, Organiser of Libre Graphics Meeting, Points Out the Code of Conduct is Likely Violated by the Same People Who Promote Codes of Conduct (and Then Bully Him Into Cancelling a Keynote)
I am starting to see Lasse Fister as another victim
LLM Slop Attacks Not Only Sites of Free Software Projects But Also Bug Reporting Systems (Time-wasting, in Effect "DDoS")
Microsoft, the leading purveyor and promoter of slop, is a cancer
The Richard Stallman (RMS) "European Tour" Carries on In Spite of the Nuremberg Incident
Some people spoke about how they saw yesterday's talk
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Wednesday, May 07, 2025
IRC logs for Wednesday, May 07, 2025
The CoC Means the Founder of GNU/Linux Cannot Talk and a 72-Year-Old Man With Cancer is Somehow a "Safety" Risk?
Those who don't like RMS are not forced to attend his talks
Gemini Links 07/05/2025: A Shopping Spree and Digital Gardening
Links for the day
Links 07/05/2025: Pegasus Guilty and a Path Towards EU Without Russian Energy
Links for the day
People Used to Talk
If pets can live a measurably happy life without gadgets and "apps", why can't humans?
Outsourcing GNU/Linux to Microsoft GitHub Promoted by Microsoft LLM Slop and Army Officers
Something doesn't seem right
Weaponisation of For-Profit Dockets - Part III: No More Media Lawsuits From Brett Wilson LLP This Year, One Can Only Guess Why
People leak a lot of material to Techrights because they know, based on the track record, that the sources will be protected and whatever gets published will stay online, in full, no matter how stubborn an effort (even lawsuits and blackmail) will be sent its way
Gemini Links 07/05/2025: Adopting GrapheneOS, Further Enshittification of Flickr
Links for the day
Links 07/05/2025: CISA Gutted, Debt-Saddled (Likely Insolvent) 'Open' 'AI' (Proprietary Slop) Faking Its Financial State Again
Links for the day
Finland, Lithuania, and Latvia Fortify Their Digital Border With GNU/Linux
This month's data from statCounter is particularly interesting near the Baltic Sea
The European Patent Office (EPO) Has a Very Profound Corruption Issue, Far More Urgent an Issue Than Pronouns
a rather long document
Richard Stallman Gives Public Talk at Technical University of Liberec, Czech Republic
"For programs that you could run, and for network services that could do your own computing, under what circumstances is it reasonable to trust them?"
Today We Turn 18.5
The eighteenth "and a half" anniversary
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Tuesday, May 06, 2025
IRC logs for Tuesday, May 06, 2025