cross-posted from: https://lemmy.zip/post/73939581

Microsoft looking to remove 60,000 jobs, ~25% of the company

it's not a bubble!!!

The true socialization will come when they get tax breaks or even subsidies.

This bubble is going to pop and then suddenly every tech company is too big to fail and every exec will be given a golden parashute. Atleas that is what the future looks like if we let them decide. I'd argue for some good French style justice and socialising profits and stolen assets

Stock options are incredible tax dodges, used to be even better.

Let's not get hasty. Maybe CEO Nadella's bonus for this year will be less than $10 million. Imagine getting your annual bonus cut by a million dollars. Rich people feel pain, too. ^/s^

theres going to be so much more post on different platforms (about unable to find job/careers) in the coming years. i see alot of them popup in the last 3 years.

Oh the horror! Only one yacht this year??? How dare you do this to me

Yeah, it really is more like a magma vesiculation at this point.

Great the job markets going to get even worse. Fuck these guys. I should have known better then to get into tech.