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18552
The Xbox Series X|S thread
Microsoft made big profit in last fiscal year and Satya Nadella pay got increased to 50m dollars and still this bloodboth happened. Apparently Microsoft and Open AI partnership is ending and MS feels they will lose established infrastructure of open AI. So in fear of lagging behind in AI, Satya announced massive 80b dollars investment in MS own AI infrastructure which resulted in layoffs in other areas. https://www.cnet.com/tech/services-and-software/if-openai-and-microsoft-break-up-what-does-it-mean-for-copilot-try-these-ai-alternatives/ From 80 b in Activision and then 80b in AI. MS spent over 160b dollars in last 5 years and they need to recoup money. So any projects which were in development hell or taking too long will be axed along with studios. -
18552
The Xbox Series X|S thread
All big honchos echoed "AI is not a threat, its a blessing" when in reality its taking away jobs at a scary pace -
18552
The Xbox Series X|S thread
80 billion dollar AI investment is main reason behind this bloodboth across Microsoft. No division was spared. 4% of Global workforce was removed. More will happen as Microsoft and other tech companies invest more in AI. Intel cut 10,000 jobs. Sony cut 1000 jobs few months back or last year and closed down multiple studios along with 12 projects cancelled but not outrage when Sony cuts jobs smh List goes on and on. Nintendo only company where u dont hear news of layoffs at all.- 1
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18552
The Xbox Series X|S thread
9000 people lost their jobs but sadly its fodder for console wars Xbox was on a roll recently with back to back banger releases, this is too bad- 1
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