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Constant_Fun_7326 t1_j4vf20w wrote

How much did the CEO make last year?

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Basrazdaz t1_j52kpyv wrote

But Gill Bates said he’s donating all his wealth. Not to help workers for his own company I guess.

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BachthovenIB t1_j4vfpwp wrote

Lots of engineers. This is quite a storm cloud. This will give CFO’s a lot of clout. Many contractors will be let go. Also lots of third party suppliers software licenses will be cut by tech companies and every possible tech overhead cost. Fixed cloud costs will be cut by on-siting on-prem clouds. If they can’t meet payroll 18 months out this will happen.

My authority? BSCS, MSIS plus decades in the industry.

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Amondupe t1_j4z610j wrote

Microsoft is working with OpenAI now. Probably they have access to GPT4 which has resulted in a tremendous increase in developer productivity and they are reducing the manpower because same amount of work can now be done by fewer people.

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Tasty_Goat5144 t1_j4zbkl4 wrote

No, they hired nearly 60k employees during the relative salad days of Covid and are now realizing the mid-term economic outlook doesn't support all of that growth.

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Rogueish1 t1_j4vcumb wrote

And now we wait to see how the geriatric in office claims he's fixed this one lmao

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