Support NeoGAF

[SlimySnake]

"Microsoft just posted the third quarter of its 2025 fiscal financial results. The software maker made $70.1 billion in revenue and a net income of $25.8 billion during Q3. Revenue is up 13 percent, and net income has increased by 18 percent. Microsoft was expected to report $68.42 billion in revenue, so the results have beaten Wall Street expectations."

Microsoft reports strong cloud growth in Q3 earnings

Cloud is once again the star of Microsoft’s show

www.theverge.com

$25 billion in profit. Profits increased by 18%. Beats wall street expectations.

Still lays off 6,000 people.

 

[Topher]

I've never heard of other fields having the kind of multi-thousand layoffs that IT seems to have annually. Google, Amazon, Dell etc all have laid of thousands of employees in the last 12 months.

IT field or tech sector? I'd think a lot of the people being laid off are not in IT even though they work for a tech company.

 

[adamsapple]

IT field or tech sector? I'd think a lot of the people being laid off are not in IT even though they work for a tech company.

I'm probably interchanging the two, but yes I meant the sector.

 

[Cyberpunkd]

"Microsoft just posted the third quarter of its 2025 fiscal financial results. The software maker made $70.1 billion in revenue and a net income of $25.8 billion during Q3. Revenue is up 13 percent, and net income has increased by 18 percent. Microsoft was expected to report $68.42 billion in revenue, so the results have beaten Wall Street expectations."

Microsoft reports strong cloud growth in Q3 earnings

Cloud is once again the star of Microsoft’s show

www.theverge.com

Eternal growth.

 

[Ass of Can Whooping]

Hope that one guy feels bad for stealing gamepass now.

Ass of Can Whooping :

 

[Boss Man]

The stock market today for MS doesn't seem to how to react...it's all over the place. After reading this i expected it to go up a bit.
(started investing like a year ago and still trying to understand this)

 

[AJUMP23]

That is a lot of people. I should apply for a MS remote job, now that they have some room.

 

[GHG]

Pump the stock.

 

[Unknown?]

Looks like A.I is finally starting to bite into our jobs. Remember this time period. We were there to witness the start of the human job decimation by A.I.

Maybe more people will get into trade work then and make it cheaper.

 

[Mibu no ookami]

ChorizoPicozo thoughts?

 

[Atrus]

As a result of our recent successes, we'd like to express our heartfelt thanks to our employees who helped make this possible.

At least the 97% of them we aren't eliminating.

This year.

So far.

 

[StereoVsn]

I'm hoping being on the security side will spare me. But half our team is outsourced to India for the cost of one team member here.

Defender for Security CoPilot, AI in every single security tool. We are all fucked.

Microsoft is a $3trillion company that is printing money and bastards are still firing people. Now imagine a smaller company.

This timeline sucks and we are going on Dystopia route full steam ahead.

 

[willothedog]

I've never heard of other fields having the kind of multi-thousand layoffs that IT seems to have annually. Google, Amazon, Dell etc all have laid of thousands of employees in the last 12 months.

Auto industry? Nissan just axed another 11,000 jobs.

 

[readonly]

Microsoft has almost doubled their employees over the last 10 years. This is nothing and if trends continue they will keep adding more employees then they are removing.

 

[reinking]

As a result of our recent successes, we'd like to express our heartfelt thanks to our employees who helped make this possible.

At least the 97% of them we aren't eliminating.

This year.

So far.

I have only been let go from one job in my life and this is how it went. The meeting started by telling my team (of three people) that we had saved over 1.4 million dollars the previous year by repurposing and customizing some of our software. By the end of the meeting we were being told our jobs were being outsourced. I get it, the departments we supported were being outsourced, but I knew from that meeting it wasn't about the money.

 

[MarV0]

As a shareholder I approve of this action.

 

[Avid Reading Horse]

$25 billion in profit. Profits increased by 18%. Beats wall street expectations.

Still lays off 6,000 people.

Getting a job isn't a fucking appointment for life where your employer is obligated to love and cherish you through sickness and health till death do you part.

Okay Microsoft employees... look at yourself... now look at the 16 employees to the left of you... and the 16 employees to the right of you... *gasp*... one of you will be going home. And you'll have to find a new job... and you're going to somehow have to pull that off while having... *sob*... one of the biggest and most successful companies in history on your resume.

 

[Plague Doctor]

I have said it before... the expectation of endless exponential growth will cause crashes in many industries. History will repeat itself and we, collectively, will never learn. Also worth noting is that it is an unreasonable expectation and will result not just in job losses, but overall economic disruption.

As a business, you want growth and end quarters in the black but what is more important is sustainability and stability. Growth can be modest and practical.

This shit is just creating a boom and bust scenario to placated investors with a gambler's level of expectations.

It sucks. And the only ones even addressing it want socialism which has wacky ass ideas that cause more harm than good. Cause dialouge has been reduced to fueding sports fans level of bullshit. You either need to be on Team A or Team B.

 

[Setsuna Mudou]

if you're smart, you're the one leaving before you're getting fired

 

[Trilobit]

F°ck Microsoft for what they did to Nokia. So I don't really care if things are going bad for them. But I do feel for the breadwinners whose families will have stressful times ahead.

 

[Ass of Can Whooping]

if you're smart, you're the one leaving before you're getting fired

whut

 

[StreetsofBeige]

$25 billion in profit. Profits increased by 18%. Beats wall street expectations.

Still lays off 6,000 people.

Makes sense.

If they dont need them get rid of them. Why pay for deadweight?

Cant be that hard to keep a job there. There's still 222,000 employees at MS. 97% of the crowd figured it out. And googling it, in 2015 the company only had 118,000. So they've still almost doubled the number of hires in 10 years.

 

[Topher]

Makes sense.

If they dont need them get rid of them. Why pay for deadweight?

Cant be that hard to keep a job there. There's still 222,000 employees at MS. 97% of the crowd figured it out. And googling it, in 2015 the company only had 118,000. So they've still almost doubled the number of hires in 10 years.

If they don't need them then don't hire them in the first place

 

[ChorizoPicozo]

ChorizoPicozo thoughts?

I don't want to sound morbid, but I had a 65% chance of MS laying off people (between this and the next financial report). I was only thinking about the gaming division, though (the only thing I care about in this context).

So, I'm not in shock or even amused. I am more intrigued about when are we going to see the next round of studio closures/games cancellations...

Ninja Theory
Compulsion
Turn 10
Double Fine (maybe a future similar to Toys for bob)... who knows.

but im fairly certain that the Gaming Division is not making money at all

 

[StreetsofBeige]

I've never heard of other fields having the kind of multi-thousand layoffs that IT seems to have annually. Google, Amazon, Dell etc all have laid of thousands of employees in the last 12 months.

Wouldnt be surprised if it skews to IT roles. Not just because it's a tech company like MS, but as you said the workforce hired hard on techie roles for 10 years. There's been big layoffs the past bunch of years and looks like more excess to go.

Unless a company is going broke and has to gut everywhere hard, you typically dont hear a company laying off shitloads of sales, marketing, finance white collar roles because those job fields have more modest hiring than tech. And it's the kinds of roles that are easy to understand being lean and mean. With IT, unless someone truly knows how much work an IT guy can handle you get companies just writing blank cheques hiring like crazy. The dot.com boom 25 years ago was the craziest.

You'd read about stories HR recruiters would be hiring people out of school no questions asked or roaming campus residences trying to get grads interested joining their company like it's a circus promoter trying to hook you into their tent.

And that was all for internet/tech students. They werent busting their ass trying to mass hire for marketing or finance analyst jobs.

Tech is just one of those industries where companies can hire fast and fire fast. Just the nature of the industry..... very boom or bust where even the big corps do it.

 

[StreetsofBeige]

If they don't need them then don't hire them in the first place

Hiring isnt perfect. And things change. Just because someone gets hired doesnt mean they should get a guaranteed job for life.

Why does Amazon and Walmart hire 100,000 extra people for the Xmas rush? They need them. When January comes around, they dont need them.

 

[yogaflame]

Not shocking from a company that killed Skype

 

[Sooner]

Aaron Greenberg?

He got a promotion and a year supply of furry one-piece pajamas

 

[Topher]

Hiring isnt perfect. And things change. Just because someone gets hired doesnt mean they should get a guaranteed job for life.

Why does Amazon and Walmart hire 100,000 extra people for the Xmas rush? They need them. When January comes around, they dont need them.

These are not temporary Christmas employees. lol...good grief

 

[StereoVsn]

Wouldnt be surprised if it skews to IT roles. Not just because it's a tech company like MS, but as you said the workforce hired hard on techie roles for 10 years. There's been big layoffs the past bunch of years and looks like more excess to go.

Unless a company is going broke and has to gut everywhere hard, you typically dont hear a company laying off shitloads of sales, marketing, finance white collar roles because those job fields have more modest hiring than tech. And it's the kinds of roles that are easy to understand being lean and mean. With IT, unless someone truly knows how much work an IT guy can handle you get companies just writing blank cheques hiring like crazy. The dot.com boom 25 years ago was the craziest.

You'd read about stories HR recruiters would be hiring people out of school no questions asked or roaming campus residences trying to get grads interested joining their company like it's a circus promoter trying to hook you into their tent.

And that was all for internet/tech students. They werent busting their ass trying to mass hire for marketing or finance analyst jobs.

.com boom was over 25 years or so ago (more like 24.5 but might as well round up). After that a lot of companies went under, we had a recession that hit IT / Software folks and hiring got hit again in 2008.

Current numbers really started ramping up in mid 2010s through COVID when tech companies were hiring a lot. This time though most weren't hiring incompetent engineers like in late 90s/early 2000s.

Overhiring reductions have been done mostly. What's happening right now are moves to juke up stock as well as partially results of AI starting to affect jobs.

Finding jobs right now completely sucks since half the listed jobs are fake. The other half go through bunch of AI filters. And this especially sucks for new grads or folks with short experience timeline (a year or three post college). These are the people who can get AI automated the easiest.

Anyone who thinks the firings won't keep going is delusional. .

 

[Setsuna Mudou]

whut

each person should have some self assessment and see if they are stagnating at the current job or not... if so, better make the move first and progress, rather than wait until you're fired because your value has expired for that role...

 

[StreetsofBeige]

These are not temporary Christmas employees. lol...good grief

No kidding. But it applies to any job or function. You should understand the context what is being said than literal. But it still applies because if they arent needed anymore than they go.

Why should any company hire someone and be obligated to keep them for life?

97% (or 222,000) of MS employees kept their job, and they grew their employee count by about 100,000 over 10 years. Sounds like MS is doing a good job hiring.

 

[Ass of Can Whooping]

These are not temporary Christmas employees. lol...good grief

Only if you don't put their severance package in christmas wrapping

 

[Topher]

No kidding. But it applies to any job or function. You should understand the context what is being said than literal. But it still applies because if they arent needed anymore than they go.

Why should any company hire someone and be obligated to keep them for life?

97% (or 222,000) of MS employees kept their job, and they grew their employee count by about 100,000 over 10 years. Sounds like MS is doing a good job hiring.

Comparing this to seasonal employees was just a stupid example. Those folks know they are temps. These were permanent employees.

No one is guaranteed a job, but I'm not going to make excuses for trillion dollar corporations laying off thousands after making a shitton of money.

 

[damidu]

No kidding. But it applies to any job or function. You should understand the context what is being said than literal. But it still applies because if they arent needed anymore than they go.

Why should any company hire someone and be obligated to keep them for life?

97% (or 222,000) of MS employees kept their job, and they grew their employee count by about 100,000 over 10 years. Sounds like MS is doing a good job hiring.

sounds like you are doing a good job at boot licking

 

[StreetsofBeige]

each person should have some self assessment and see if they are stagnating at the current job or not... if so, better make the move first and progress, rather than wait until you're fired because your value has expired for that role...

Agreed.

If something isnt working out, be proactive and find another job. Anyone who prefers sticking around hoping to get fired for a pay out is playing the long game because they might not even fire you any time soon (or at all). And last thing anyone should want is being fired. No matter how much someone tries to dance around it, people might find out the real reason especially if it's a small industry where everyone knows each other and hiring managers call others to find the real dirt. In consumer goods, everyone just rotates big companies. Trying to sneak in hoping nobody at that company knows anything about you already is slim. Maybe tech is like that. Maybe not and its so big you can go in unnoticed. I dont know.

Had that happen to me. An old coworker got fired (nice person but had no idea what she was doing). She applied to a job elsewhere which turned out the hiring manager was my good buddy from a place we worked together before. He asked me about her and she totally lied on her resume what she did and how long she even worked at the company. So one of those people with a total bullshit resume. And bud, just to let you know too... she was fired. Not left on her own.

Now some people will recommend stick around as long as possible for a severance pay out. You can do that. But you'll be miserable and miss out on any jobs that are available now to go after. And it's 10x easier to just tell them you are looking for a new role or challenge than fibbing you got canned.

 

[ChorizoPicozo]

coincidence.... i think not

 

[ozz ex machina]

AI starts to kick in...this is just a beginning.......

Isn't this sort of thing pretty common on an annual basis in any big corp?

 

[Joshmyersbv]

I think its funny MS is letting people go when just a few months ago they were lobbying for an increase in H-B1 visas because there wasn't enough tech workers to fill jobs.

 

[mitch1971]

Don't worry Gaf, those people were all employed through DEI.

 

[StreetsofBeige]

Comparing this to seasonal employees was just a stupid example. Those folks know they are temps. These were permanent employees.

No one is guaranteed a job, but I'm not going to make excuses for trillion dollar corporations laying off thousands after making a shitton of money.

Well there you go. If you dont support guaranteed jobs, they why complain? What proof do you have these 6,000 people were the best employees at MS fired for no reason? Maybe they were on PIPs and halfway out the door anyway.

 

[//DEVIL//]

"Microsoft just posted the third quarter of its 2025 fiscal financial results. The software maker made $70.1 billion in revenue and a net income of $25.8 billion during Q3. Revenue is up 13 percent, and net income has increased by 18 percent. Microsoft was expected to report $68.42 billion in revenue, so the results have beaten Wall Street expectations."

Microsoft reports strong cloud growth in Q3 earnings

Cloud is once again the star of Microsoft’s show

www.theverge.com

They basically bought Activision from the profit they made from 1 quarter lol.

 

[GHG]

They basically bought Activision from the profit they made from 1 quarter lol.

The net income is right there man.

 

[Loomy]

IT bros, are we fucked?

Been fucked for 4 years now. And there's no end to the fucking in sight.

 

[Topher]

Well there you go. If you dont support guaranteed jobs, they why complain? What proof do you have these 6,000 people were the best employees at MS fired for no reason? Maybe they were on PIPs and halfway out the door anyway.

This wasn't performance related. Microsoft fired a number of employees in January and said flatly that it was "low performers". Typically layoffs are due to losses or poor company performance. This wasn't that either. This was just greed.

 

[Halo is Back]

"Microsoft just posted the third quarter of its 2025 fiscal financial results. The software maker made $70.1 billion in revenue and a net income of $25.8 billion during Q3. Revenue is up 13 percent, and net income has increased by 18 percent. Microsoft was expected to report $68.42 billion in revenue, so the results have beaten Wall Street expectations."

Microsoft reports strong cloud growth in Q3 earnings

Cloud is once again the star of Microsoft’s show

www.theverge.com

Just what I was thinking earlier. I remember this. So scummy

 

[StreetsofBeige]

This wasn't performance related. Microsoft fired a number of employees in January and said flatly that it was "low performers". Typically layoffs are due to losses or poor company performance. This wasn't that either. This was just greed.

Maybe it was greed. Who knows. Neither of us know and it doesnt even matter.

If a company big or small wants to fire you because they dont want you, then out you go. It cant be that hard to keep a job. Even when a company publicly announces job cuts, it's what? Maybe 5% of the company tops? Often less (like MS 3%). Only time you get truly large cuts is when the company is tanking, overhiring, or the company is literally on the way to bankruptcy and they gut tons of functions or close down stores.

MS has hired 100,000 more people than 10 years ago. The lay off some people last couple years. Net difference still +100k. So really they actually hired more than that.

Nobody ever cheers a company for hiring tons of people. But only bring it up when they fire.

 

[Ass of Can Whooping]

Maybe it was greed. Who knows. Neither of us know and it doesnt even matter.

If a company big or small wants to fire you because they dont want you, then out you go. It cant be that hard to keep a job. Even when a company publicly announces job cuts, it's what? Maybe 5% of the company tops? Often less (like MS 3%). Only time you get truly large cuts is when the company is tanking, overhiring, or the company is literally on the way to bankruptcy and they gut tons of functions or close down stores.

MS has hired 100,000 more people than 10 years ago. The lay off some people last couple years. Net difference still +100k. So really they actually hired more than that.

Nobody ever cheers a company for hiring tons of people. But only bring it up when they fire.

Man. I'm definitely stealing gamepass this month

 

[Reizo Ryuu]

Amid increase in profits and revenue, they decided to fire almost 7000 workers.
I swear CEOs, including Satya, are complete sociopaths.

Publicly traded companies were a mistake, they've turned into promising infinite growth to shareholders which is lunacy.

 

[damidu]

Maybe it was greed. Who knows. Neither of us know and it doesnt even matter.

If a company big or small wants to fire you because they dont want you, then out you go. It cant be that hard to keep a job. Even when a company publicly announces job cuts, it's what? Maybe 5% of the company tops? Often less (like MS 3%). Only time you get truly large cuts is when the company is tanking, overhiring, or the company is literally on the way to bankruptcy and they gut tons of functions or close down stores.

MS has hired 100,000 more people than 10 years ago. The lay off some people last couple years. Net difference still +100k. So really they actually hired more than that.

Nobody ever cheers a company for hiring tons of people. But only bring it up when they fire.

god! give it a rest already, satya will not fuck you.
you are spewing same zero content brain-dead shit over and over. what a weirdo