Author name: BJay

Hi Reader,This week, Microsoft announced something it has never done in its 51-year history. A voluntary buyout. Open to about 8,750 employees, roughly 7 percent of its US workforce. Details land May 7. There is an eligibility rule. And the rule is the story. It is built on two numbers. Neither has anything to do with whether the person is doing the work. No performance score. No project record. No measurement of contribution. Just two numbers anyone can pull from an HR record without ever…

Hi Reader,Somebody at Meta has been asleep for the last three years. The bill came due on Thursday. Eight thousand jobs are being cut. Effective May 20. Every news outlet covered the same angle. The cuts pay for the AI bet. The market priced in the savings. Analysts used the word “efficiency”. Now turn the story around. In its 2023 SEC filing, Meta disclosed a median total compensation per employee of $379,000. Multiply by 8,000. That is just over 3 billion dollars in annual compensation,…

Disney cut 1,000 people this week. Among them, nearly the entire visual development team at Marvel Studios.