cross-posted from: lemmy.world/post/33767928
Take note. It’s never enough, no matter how much you give.
Microsoft CFO calls for 'intensity' in an internal memo, after blowout earnings
Submitted 20 hours ago by FenrirIII@lemmy.world to technology@lemmy.world
https://www.businessinsider.com/microsofts-cfo-intensity-internal-earnings-memo
Comments
CarbonatedPastaSauce@lemmy.world 20 hours ago
floofloof@lemmy.ca 18 hours ago
We’re entering FY26 with clear priorities in security, quality, and AI transformation, building on our momentum and grounded in our mission and growth-mindset culture," Hood wrote, mentioning Nadella’s email. “Both the pace of change and customer expectations are continuously accelerating.”
Hood’s email, notably, didn’t mention Microsoft’s recent workforce cuts, which have exceeded 10,000 this year even as profit swells. Nadella’s email last week attempted to explain this “seeming incongruence” as the “enigma of success.” Some employees weren’t satisfied with the explanation.
These people get paid so much for spouting utter bullshit to each other every day. I hope they have moments when they realize the hollowness of what they do.
Taleya@aussie.zone 54 minutes ago
Burn the business colleges to the ground
GnuLinuxDude@lemmy.ml 1 hour ago
“The enigma of success” whoever came up with that line has truly mastered the art of auto-fellatio.
lka1988@lemmy.dbzer0.com 17 hours ago
Agreed. What even the fuck is that string of complete nonsense? These C-suite dipshits say it so much, someone is eating it up.
shalafi@lemmy.world 17 hours ago
The “someone” is the investors, or generally speaking, the market.
Major CEOs can’t say they’re taking a financial hit, for whatever reason. This is why I like working for small companies, and most Americans work for small businesses.
Last company: CEO announced to the board that he intended to lose money in order to build staff and products. Yes, he even included tech debt. The board applauded him.
Meh, we fucked around and still made a profit, so he gave the board the same report the following year, same results. We fucked around a made a profit. Again.
tl;dr: Don’t mistake all CEOs for the bullshit you hear from Nadella and Musk and the like. Remember; You only hear crazy talk reported, because it’s crazy talk.
interdimensionalmeme@lemmy.ml 17 hours ago
They’re trying to tell their “stakeholders”, employees, customer, shareholders, what to believe, what to think that’s the bullshit dazzle spell to preserve your suspension of disbelief just a little longer.
TheBat@lemmy.world 15 hours ago
customer expectations are continuously accelerating
Just make a functional OS that doesn’t get in user’s ways. Those are the expectations.
realitista@lemmus.org 13 hours ago
Microsoft doesn’t expect growth in their OS offerings. These days all their focus is on AI and cloud.
systemglitch@lemmy.world 10 hours ago
They know every single word is hollow. Eat it and rejoice peasant. Are you not filled?
Simulation6@sopuli.xyz 13 hours ago
I wounder how this person defines quality in their mind?
jordanlund@lemmy.world 13 hours ago
Publicly traded companies have to continually make more money than they did last month, last quarter, same time last year.
Failing to do so means they are somehow “losing” money that is “rightfully owed” to them and the stock market punishes them.
It doesn’t matter if you’re profitable or not, so long as you’re continually making more money.
DemBoSain@midwest.social 6 hours ago
It’s not only “more”. The company I work for had “record profits, far and beyond anything we were expecting” in 2021. In 2022, we were told that the company made more than in 2021, but didn’t meet the earnings projections. That’s still record profits, but phrased like a loss.
Not only must the line go up, but it has to go up faster than it did before. Nothing less than exponential growth.
onslaught545@lemmy.zip 8 hours ago
They actually have a legal obligation to maximize profits.
ThirdConsul@lemmy.ml 6 hours ago
Technically they don’t - it’s a lie told often by CEO. But its a lie. law.stanford.edu/…/Fiduciary-Duties-of-the-Board-…
vithigar@lemmy.ca 8 hours ago
It goes a layer further than that even. If the rate at which that growth is happening isn’t itself growing then investors start getting nervous.
bitwolf@sh.itjust.works 2 hours ago
Very happy to see my employer slowly moving away from their shitty products.
All they’re good for is stress, frustration, and justifying the jobs of old Sys Admins that sit in ivory towers.
The rest of the world is moving on. I challenge them to show growth next year.
burgerpocalyse@lemmy.world 3 hours ago
quick, shut down activision blizzard king, bethesda, and xbox game studios before they make any more money
reddig33@lemmy.world 19 hours ago
- cloud services exceeded $75 billion
- Office productivity software and LinkedIn, delivered $33.11 billion in revenue
- Personal Computing unit, which encompasses Windows, search advertising, devices and video games, totaled $13.45 billion
Writing is on the wall. Xbox and Windows made money, but a fraction of what Office and enterprise services made.
voytrekk@sopuli.xyz 19 hours ago
That is how it has been for a long time at Microsoft. They know Enterprise is where the money is, it hasn’t stopped them from trying to venture out into other areas tho.
reddig33@lemmy.world 17 hours ago
They stopped venturing a long time ago. Microsoft should’ve been split up. Then maybe some of their consumer products would’ve survived and thrived.
RickRussell_CA@lemmy.world 19 hours ago
Vertical integration, though. Windows underpins office, and even cloud services.
Xbox though, they’ve already pretty much written its epitaph.
Ugurcan@lemmy.world 6 hours ago
Xbox should’ve been the prestige product for Microsoft (just like Logic/Final Cut for Apple) but Xbox itself depleted any prestige it ever had over the last few years.
jordanlund@lemmy.world 13 hours ago
Xbox is actively being dropped from Target and Walmart, but it doesn’t help that the push is for digital games with no physical presence in stores.
Tollana1234567@lemmy.today 15 hours ago
its like what AWS for amazon, its delivery/online market pale in comparison to thier licensing to the govt and other services.
panda_abyss@lemmy.ca 8 hours ago
God I can’t wait to get out of the grind.
I’m over halfway to freedom, I really want FIRE so I never have to deal with this corporate bullshit again.
some_guy@lemmy.sdf.org 19 hours ago
Capitalism is collapsing under the weight of record profits and additional billionaires.
Supervisor194@lemmy.world 18 hours ago
At what point will we look at these numbers with skepticism? When not one worker is left who can afford their services nor one customer left who wants anything to do with their utterly shit “products” - but they still blow out the quarter with 100 billion? At what point will society recognize that this money can’t possibly represent anything actually real? Will it matter if all of us starve to death and only billionaires are left if the Microsofts of the world will still be able to post 200 billion dollar “profits”?
I’m actually curious. Because I personally think that’s increasingly what all this is. Fake as shit. Some combination of algorithms, cryptocurrency, dark pools and I dunno, the Illuminati I guess.
lka1988@lemmy.dbzer0.com 17 hours ago
Business contracts and licenses are MS’s bread and butter. They don’t give a shit about individuals, they know we pirate Windows, and they don’t care. But if a business pirates Windows…
Chronographs@lemmy.zip 18 hours ago
I wouldn’t say it’s fake, it’s the money other companies steal from their workers by not paying a fair wage being given to Microsoft to burn at the pyre of ai.
Supervisor194@lemmy.world 18 hours ago
I mean, I don’t disagree that that’s historically what it’s been. But increasingly, it seems like record profits just keep going through the roof no matter what. And record stock market numbers. And record everything. Nothing goes down, not substantially. Negative news seems to have no (net) effect anymore.
NewDayRocks@lemmy.dbzer0.com 18 hours ago
Big companies are subject to constant audits. You, too, can check their balance sheets that are released and scrutinize the numbers.
While you may personally dislike MS products, most of the world’s businesses and governments run on them. That’s licensing money every month without fail. They can literally charge whatever they want because companies with staff want Office and Windows Server backend.
pinball_wizard@lemmy.zip 7 hours ago
“intensity, clarity, and bold execution”
Not just “intensity”.
Reygle@lemmy.world 3 hours ago
clicks reply
Intensity huh? Here you go
@#$% YOU
obvs@lemmy.world 20 hours ago
I call for employees to tell their employers to FTFO.
AbidingOhmsLaw@lemmy.ml 20 hours ago
Paywall
etherphon@lemmy.world 3 hours ago
These people are fucking insane and it’s about time we do something, Greed is a sickness and with Trump in the white house the disease is absolutely flourishing.