[Meme] Fantastic Results, Fantastic Debt and Deficits

Dr. Roy Schestowitz

2023-07-29 23:54:18 UTC
Modified: 2023-07-29 23:54:18 UTC

It's already at 32.33 trillion, plus about 18 trillion more in household debt this year.

Summary: Microsoft staff is baffled about the disparity between claims or prosperity and relentless mass layoffs among other cuts; maybe scepticism is well overdue

Recent Techrights' Posts

The Corrupt Lecture the Non-Corrupt - Part X - Deliberately Violate European Patent Convention (EPC), Tolerate Cocaine Use in Management, Hide That From Staff and Stakeholders: The "Alicante Mafia" (as staff calls it) is a disgrace to Europe
Apparently Last Day for Nearly 1,000 Confluent Workers IBM Laid Off Last Month: IBM is a dying company pretending to be strong because of its age
In Past 6 Months IBM Lost About 100 Billion Dollars in 'Value' While Debt Ballooned to 70 Billion Dollars: Welcome to a universe of fake finances and phony accounting based on fictional assets with made-up 'worth'
If We Move Everything to Devuan...: IRC, Git, Apache and so on
Campinos is a Lame Duck President This Year at the European Patent Office (EPO): The strikes are not ending. If anything, they intensify further.
Upgrade Successful: we had a downtime of only 1-2 minutes overall (for two reboots)
Links 30/04/2026: Slop Industry Cannot Keep Up With Bills, "The World Is Getting Too Hot to Feed Itself": Links for the day
Then Come the DDoS Attacks: Is someone trying to 'kill' Techrights?
The Register MS Running Spam Pieces for Huawei, a Banned Company: Money does not excuse bad behaviour
Over at Tux Machines...: GNU/Linux news for the past day
IRC Proceedings: Wednesday, April 29, 2026: IRC logs for Wednesday, April 29, 2026
Gemini Links 30/04/2026: Outdoor Time, Old Computers, and Joining Geminispace: Links for the day
Dr. Andy Farnell on Weaponising Morality Against Technofascism and Slop: It's longer than a "tweet", so social control media addicts are likely mentally unfit to read it
Six Months: Techrights will be around (and active) for a very long time to come
Why We Publish "The Corrupt Lecture the Non-Corrupt": We intend to report the facts, fearlessly, until real and lasting solutions are reached
SLAPP Censorship - Part 61 Out of 200: Garrett and Graveley Must Understand That Reporting Women's Issues in the United States of America (“the US”) is Not Impermissible: when you cover Microsoft corruption and have real effect
Weeks After Mass Layoffs of Red Hat Engineers We Learn of European "Buyouts" and Layoffs at IBM: At Microsoft, they tell us there are merely "buyouts", but they don't tell us what happens if you say "no!"
OS Upgrade Tentatively Scheduled for Tomorrow: We have some contingencies in case the upgrade goes wrong
Links 29/04/2026: LLM Chatbot Usage Goes Down Sharply (as Do Stocks Associated With Them), Microsoft's Circular Financing Accounting Fraud at Risk: Links for the day
Gemini Links 29/04/2026: Returning to an Exodus and Farewell APU: Links for the day
Slop Has a Long Way to Go Before It Gets Basic Facts Right: Please do not rely on slop for anything
The Corrupt Lecture the Non-Corrupt - Part IX - European Patents That Are Illegal (But Serve Non-European Monopolists in Exchange for 'Quick Cash'): People who shamelessly violate the European Patent Convention (EPC) have the audacity to lecture workers on "ethics"
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Links 29/04/2026: "Snowden Affair 13 Years Later" and "Landmark Data Center Pause": Links for the day
Seems Like Only Techrights Covered IBM Laying Off About 33% of Confluent Staff: How can such a large round of layoffs evade today's media?
Over at Tux Machines...: GNU/Linux news for the past day
IRC Proceedings: Tuesday, April 28, 2026: IRC logs for Tuesday, April 28, 2026
Gemini Links 29/04/2026: Bad Diet, New Middle Ages, and Temperature Model: Links for the day
IBM is Already Doing 'Voluntary' Layoffs This Year in Europe ('Buyouts' Ahead of Mass Layoffs): IBM's efforts to hide or belittle layoffs is noteworthy
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Growing the List of Sites That Are Rogue: It's very important to raise and spread awareness of which ones are fake
Links 28/04/2026: Uganda Criminalising ‘Foreign Agents’ and China’s Economy "Starts to Show Cracks": Links for the day
Anthropic and Claude Are National Security Risks Not Because of Politics But False Marketing and Vandalism, Plagiarism Sold as Innovation: The slop hype is causing severe damage
Like GAFAM, US Telecom Industry Has Severe Debt Problem: Maybe their real problem is true profitability
Gemini Links 28/04/2026: Misfin, ELPiS, and Developing Another Gemini Client: Links for the day
US Government Sites See More Traffic From Apple Devices Than Microsoft Windows PCs: Keep this in mind when Microsoft talks about mass layoffs while calling these "buyouts"
Layoffs Versus Buyouts: Microsoft has mass layoffs and those target the most experienced people in one of the best-paid locations
Latest Example of False Marketing by Anthropic: Like Scam Altman, they're better at buying publicity (paying for hype) than they are at delivering something of genuine value [...] That has the full make-up of fake news and a publicity stunt
IBM: From RAs to "Workforce Re-balancing" (New Names for Mass Layoffs): Well, "workforce re-balancing" means "RAs", which is a misleading acronym IBM has devised to soften if not hide mass layoffs.
Aaron Hillel Swartz Would Have Turned 40 This Year: Aaron Swartz killed himself in 2013
The Trumps Are Making Jimmy Kimmel More Famous and Popular: Comedy has long been "controversial", but trying to get people sacked for the 'wrong' joke results in having no comedians or only pseudo-comedians who are the dictator's jester/joker
Microsoft's Grip Has Slipped, Market Share Steadily Declining: This is why Microsoft is having financial issue
Links 28/04/2026: Microsoft's GitHub Upselling After Two Leaders Jumped Ship (Losses Pile Up), "Inflation Jumps," and More: Links for the day
SLAPP Censorship - Part 60 Out of 200: Talking About Corruption at Microsoft and Arrest for Strangulation is "Malice": At the moment Brett Wilson LLP has no new clients
The Corrupt Lecture the Non-Corrupt - Part VIII - "Red Line" When the European Patent Office (EPO) President Sleeps With Sister of "Cocaine Communication Manager" (Whom He Unconditionally Protects): If only management took its own words (idealistic pontification) seriously
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Over at Tux Machines...: GNU/Linux news for the past day
IRC Proceedings: Monday, April 27, 2026: IRC logs for Monday, April 27, 2026
Gemini Links 28/04/2026: Good Sunrise Viewing and Self-hosting from Home: Links for the day[1;5C