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
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    27 days ago

    Taxes are theft the specific way they are designed in most countries.

    Another example of theft is a hired administrator administrating by the criterion of their own pay.

    I mean, it is understandable how this works - their pay is a counterweight to the incentive to “mismanage” the company if someone else pays a fitting price. The issue here is that these two incentives do not completely neutralize each other, in some dimension their components add up.

    Why I had to say that taxes are still theft - because a CEO is equivalent to a state official in this issue. It’s the same problem.

    Political ideologies divide these problems, because political ideologies are like hedge funds, they diversify investments, so that every political ideology could be usable in every landscape for every policy. They are the opposite of consistent, by design.