https://www.goodreturns.in/news/another-outage-hits-microsoft-few-days-after-crowdstrike-crash-365-services-face-issues-1360885.html
Microsoft's Shares Fell 8%
https://finance.yahoo.com/news/microsoft-stock-drops-over-6-after-results-fall-short-in-latest-ai-disappointment-201321390.html
"7% drop in its stock value after-hours trading."
https://elblog.pl/2024/07/31/microsoft-faces-challenges-in-ai-revenue-growth/
Major Layoffs In July: Microsoft
https://news.abplive.com/business/major-layoffs-in-july-tech-microsoft-ukg-unacademy-dyson-and-more-1706849
Microsoft’s DEI Layoffs: Are We Being Gaslit? – Techish Podcast
https://peopleofcolorintech.com/media/techish/microsofts-dei-layoffs-are-we-being-gaslit-techish-podcast/
Microsoft admits 8.5 million CrowdStruck machines estimate was lowballed
https://www.theregister.com/2024/07/29/microsoft_crowdstrike_incident_report/
"Double Fine was also obviously acquired by Microsoft in 2019... Since Psychonauts 2, the developer hasn't released or announced any other games
"That puts it in a questionable spot, especially considering the layoffs at Microsoft earlier this year, and the closure of studios like Tango Gameworks and Arkane... — read more
"The creation of the two unions in Microsoft’s gaming empire is momentous news, and the timing seems just right."
https://telanganatoday.com/game-on-understanding-why-game-makers-at-blizzard-and-bethesda-are-forming-unions
Mass layoffs at Microsoft causing unions to form (whether it likes it or not)
https://www.globalvillagespace.com/tech/the-rise-of-game-industry-unions-and-what-to-play-this-week/ https://venturebeat.com/games/from-unions-to-strikes-this-has-been-a-busy-week-kaser-focus/ both articles new and Microsoft focused. It actually does... — read more
"An increasing number of Silicon Valley investors and Wall Street analysts are starting to ring the alarm bells over the countless billions"
https://futurism.com/investors-concerned-ai-making-money | Source: Futurism
Because there have been so many Microsoft layoffs
https://gizmodo.com/blizzard-unionization-activision-world-of-warcraft-microsoft-2000478656
"Microsoft debt issuance/retirement net - total for the quarter ending March 31, 2024 was $14.585B, a 933.43% decline year-over-year."
https://www.macrotrends.net/stocks/charts/MSFT/microsoft/debt-issuance-retirement-net-total https://www.reuters.com/article/business/microsoft-to-raise-2-7-billion-via-bond-sale-idUSL2N0DC3C3/
"When compared to layoffs from companies like Microsoft, they may seem minuscule when the Redmond firm fired 18 000 people in its latest spree"
https://htxt.co.za/2024/07/the-10-biggest-mass-layoffs-among-african-tech-firms/
Microsoft Implements Strategic Layoffs
https://www.thesoftwarereport.com/microsoft-implements-strategic-layoffs/
"World of Warcraft developers have joined those from Bethesda Game Studios and formed a union to protect themselves from greedy corpos."
https://headtopics.com/za/world-of-warcraft-devs-form-alliance-against-big-tech-56398596
Pluralistic: AI's productivity theater
It's all here... https://pluralistic.net/2024/07/25/accountability-sinks/#work-harder-not-smarter
Microsoft cuts 30,000 jobs, says the cuts are "growth", and it should be celebrated as the buzzword it keeps using to inflate the stock price
https://www.dailysignal.com/2024/07/24/big-teach-cuts-half-a-million-jobs-blames-ai/
So the "AI" bubble did not save Nadella
How much did the company's debt grow by June 30? Can you pay back the debt with "AI credits" in Azure?
"One Anonymous Activision employee came forward and expressed his concerns regarding the shift in the working system within the company"
https://fandomwire.com/concept-artists-were-then-forced-call-of-duty-artists-allegedly-made-to-rely-on-ai-for-at-least-1-bundle-only-weeks-after Microsoft continues to lay off people, knowing that some CG staff cannot really replace them but budget... — read more
The real reason for these layoffs: Microsoft is running out of money (111.4 billion in debt)
https://www.hrdive.com/news/dei-cuts-microsoft-woke-backlash/722281/
Activision Sold Computer-Generated Call of Duty Cosmetic, Approved CG Use That Led to Layoffs: Report
CG, NOT... — read more
"Microsoft is also on the list of companies affected. After reducing its workforce in Nigeria by half, Microsoft plans to scale back its office"
https://biznakenya.com/multinationals-exit-nigeria-economy/
Microsoft’s diversity team downsizing sparks controversy
https://www.baselinemag.com/news/microsofts-diversity-team-downsizing-sparks-controversy/
Bethesda Games Studios forms “wall-to-wall” union amid industry layoffs
Employees at Bethesda Games Studios have announced they are joining the Communication Workers of America (CWA), in what they call “the first wall-to-wall union at a Microsoft game studio”. According to Sky News, 8,000 video game employees lost their... — read more
Microsoft to shrink its Lagos office two months after laying off ADC engineering team
https://techpoint.africa/2024/07/22/microsoft-to-shrink-lagos-office/
Desperate for income because XBox is losing so much money
https://www.theregister.com/2024/07/20/microsoft_game_pass_ftc/
Half of Microsoft workers in Nigeria laid off
https://newsghana.com.gh/microsoft-reduces-nigerian-office-space-shifts-roles-to-kenya/
"ramping layoffs affecting the gaming industry with Bethesda and other parts of Microsoft hit early last year with layoffs."
https://comicbook.com/gaming/news/fallout-starfield-bethesda-game-studio-union/
No remorse from Sathya
On the happenings around the world. Whatever happened to empathy and sympathy
241 Bethesda Developers Unionize
https://xboxera.com/2024/07/20/241-bethesda-developers-unionize/
Microsoft Lays Off Half of Its Workforce in Nigeria
https://techcabal.com/2024/07/19/microsoft-shrinks-nigerian-office-from-six-to-two-floors/
Microsoft right now
https://x.com/MattHighton/status/1814210407445201131
Down, down, down
Microsoft and CrowdStrike Outage Explained: Airport Chaos, Hospital Cancelations and More Microsoft suffered a massive, ongoing global IT outage on Friday morning, affecting airports, airlines, banks, hospitals and broadcasters around the... — read more
Microsoft Lays Off Some DEI Staff, Keeps DEI Policies
https://lunduke.locals.com/post/5876573/microsoft-lays-off-some-dei-staff-keeps-dei-policies
More layoffs
https://mezha.media/en/2024/07/17/future-halo-games-will-be-outsourced-343-industries-cuts-staff/
The reasons behind Microsoft DEI team’s layoff
https://dataconomy.com/2024/07/17/microsoft-dei-team-layoff/
Seems like more DEI layoffs are on the way at Microsoft
https://www.gamedeveloper.com/business/report-microsoft-shuts-down-dei-team-ex-lead-claims-similar-programs-at-risk
Microsoft Faces Backlash After DEI Team Layoffs
https://peopleofcolorintech.com/articles/microsoft-faces-backlash-after-dei-team-layoffs/ https://www.dailymail.co.uk/news/article-13640823/microsoft-lays-dei-team-mass-business-email.html... — read more
Microsoft layoffs and outsourcing
https://metro.co.uk/2024/07/15/343-downsized-future-halo-projects-outsourced-claims-insider-21232292/