this post was submitted on 29 Oct 2026
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Microsoft posts $92.3bn quarterly revenue after offering buyouts to 60,000 employees (www.theguardian.com)
submitted 4 hours ago by Orwi@programming.dev to c/technology@lemmy.world
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[โ€“] AntOnARant@programming.dev 11 points 3 hours ago* (last edited 3 hours ago) (1 children)

Not to me, this implies to me that they overspent on AI and they now need to claw back some money.

[โ€“] WhatAmLemmy@lemmy.world 7 points 2 hours ago

I guarantee they are essentially offshoring most of these roles; as in they'll focus on hiring in India and SEA moving forward.

They already employ a massive number offshore.