One of the problems we are seeing in recent years is the concept that there are different rules for different classes of people. We have seen state governments at pricey restaurants without a mask while declaring everyone else should wear a mask and stay home. We have seen elected politicians take advantage of beauty salons while denying access to those salons to everyone else. We have seen the World Economic Forum arrive at Davos for their meeting in private jets while telling the rest of us we need to reduce our carbon footprint. On Tuesday, however, Microsoft outdid itself.<\/p>\n
On Friday, Gizmodo<\/a> reported:<\/p>\n Layoffs are plaguing the tech industry<\/a> left and right, but that doesn\u2019t mean the big-wigs have to suffer too. Ahead of laying off several thousand employees, Microsoft hosted an exclusive Sting concert at Davos for executives.<\/strong><\/p>\n The Wall Street Journal<\/a> reported earlier this week that the concert was about 50 people, including executives from Microsoft, who got to enjoy the musings of English rock artist Sting. The concert reportedly occurred on Tuesday in Davos, Switzerland at the World Economic Forum and the following day the company announces its largest sweep of layoffs yet\u201410,000 employees. Microsoft CEO Satya Nadella issued a memo to staff<\/a> on Wednesday announcing the layoffs, some of which began the same day.<\/strong><\/p>\n I realize that a company is permitted to layoff people whenever necessary, but to me this seems like a misuse of money. How much income did the concert at Davos generate? How much did it cost? If the money had been spent on salaries of employees, how much money would that have generated?<\/p>\n The article concludes:<\/p>\n Microsoft says that the layoffs will last through Q3 of 2023, and that the blow will only impact 5% of the company\u2019s workforce. The burn of these layoffs is exacerbated not only by the execs living it up in Switzerland, but also due to the company backtracking on its claims that talk of layoffs was simply hearsay. A Microsoft spokesperson told Gizmodo<\/a> in an email earlier this week that layoffs at the company were a \u201crumor.\u201d<\/strong><\/p>\n Layoffs have hit the tech industry far and wide over the past several months, with some of the titans like Microsoft and Google making huge cuts to their workforce while citing economic uncertainty. Amazon also wound up announcing a plan to cut thousands of positions<\/a> earlier this month.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" One of the problems we are seeing in recent years is the concept that there are different rules for different classes of people. We have seen state governments at pricey restaurants without a mask while declaring everyone else should wear … Continue reading