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A comment on What was behind Microsoft's layoffs of over 20k people in the last year?. Parent comment

Re:What was behind Microsoft's layoffs of over 20k people in... by maximinus_thrax on Monday September 25, 2023 @07:12PM (#37652037)
> I don't really buy the "evil money people pressured innocent big tech into firing under priviledged tech workers" narrative

https://www.reuters.com/technology/activists-back-off-salesf...

I don't believe anyone told them to fire people. It's just the quickest way to 'focus on profitability'.

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Re:What was behind Microsoft's layoffs of over 20k people in... by sokoloff on Monday September 25, 2023 @07:23PM (#37652146)
It’s entirely fair and rational for investors to urge companies they invest in to “focus on profitability” in particular during a possible economic downturn or looming recession.
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Re:What was behind Microsoft's layoffs of over 20k people in... by hef19898 on Monday September 25, 2023 @07:26PM (#37652169)
Profitability, such a weird concept for a company, isn't it?
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