Microsoft Offers Buyout to 27% of Employees! — Transcript
Full transcript
- 0:00Uh Microsoft
- 0:01insane announcement, if you didn't see
- 0:03it.
- 0:04Offer to buy out 60,000 workers. Offer
- 0:07to buy out 27%
- 0:10of the employees.
- 0:11Unprecedented.
- 0:14Even though
- 0:15not all of them are going to take it. If
- 0:17you're one of those 27, what do you
- 0:19think is coming down the road?
- 0:22Here is what the employee headcount.
- 0:24This goes for everyone who doesn't
- 0:25believe in ROIC and doesn't believe in
- 0:27productivity. Uh I've talked about this
- 0:29for mostly. GDP is a horrible measure
- 0:31for AI. It has no way of measuring the
- 0:33economist versions of productivity. It
- 0:35is a stupid thing, and if you're using
- 0:37that to invest in stocks, you're going
- 0:38to pay the price. It always gets revised
- 0:41higher. It did with the internet it in
- 0:43the '90s, then it happened in the 2010s.
- 0:46There is no way to measure it, except
- 0:48for profit margins and things like this.
- 0:50If my If all 60,000 took it, we'd be
- 0:53back to 2020 levels of
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