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Re:Microsoft to lay off 11,000 employees by im3w1l on Tuesday January 17, 2023 @04:48PM (#34419818)
I have an alternative theory. In bad times consumers no longer want to pay for a cherry on top. So you go back to basics and lay off the people putting it there.
Re:Microsoft to lay off 11,000 employees by solarmist on Tuesday January 17, 2023 @07:03PM (#34421344)
I'd adjust this and say the execs believe that, so they do it, whether or not it's true.

I seriously doubt these layoffs are from actual, measurable consumer responses.