2024 has seen two mass layoffs at Microsoft, with 1900 staff laid off in January, before a further 650 Xbox employees were shown the door in September.

Regardless, Microsoft’s shares are up and the company’s market value is now higher than $3tn, as it works to capitalise on the rise of AI.

    • rottingleaf@lemmy.world
      link
      fedilink
      English
      arrow-up
      3
      arrow-down
      1
      ·
      1 month ago

      I agree, but yours are real oligarchs, while those I’m talking about are a relatively new thing for you.

      Russian-style ones are just blokes from one and the same corporation who chose they want to be celebrities. A façade. They used oligarchy as a scapegoat in the 90s, to avoid lustration while it still could be done.

      • sunzu2@thebrainbin.org
        link
        fedilink
        arrow-up
        4
        arrow-down
        1
        ·
        1 month ago

        I see your point. In US our oligarchs run the show. In russia, they submit to the “President” to obtain the position.