What was behind Microsoft's layoffs of over 20k people in the last year?
> "major wall st fund managers and stock holders started putting together a plan to put pressure on the wage and RSU growth"<p>that's what i thought.<p>another hedge fund douchebag sent a letter to google demanding it should cut back its workforce and lower pay around the same time: <a href="https://www.theguardian.com/technology/2022/nov/15/major-investor-calls-on-google-owner-to-aggressively-cut-staff-and-pay" rel="nofollow noreferrer">https://www.theguardian.com/technology/2022/nov/15/major-inv...</a><p>they saw an opportunity to cut costs. the pandemic gave too much power to white collar wage workers and as churchill and later milton friedman said, never let a crisis go to waste.