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.
Yup, that checks out for me.
That said, that’s the federal minimum wage, which almost nobody actually gets (article says $1M people).