[notfromhere]

It's a social exercise at companies like Microsoft. You lay people off because you are expected to lay people off, hell you'll look irresponsible for not laying people off.

We're gonna sit here and pretend that Microsoft, a company that printed $72B in net income last fiscal year somehow needs to lay off 10k workers to survive?

[incrudible]

Microsoft is not a welfare agency. Of course they don't need to lay off people, but they are obligated to improve the bottom line. If they have excess workers, they shouldn't have hired them in the first place. The question now is merely whether laying them off is worth it. From a societal standpoint, the layoffs may well be advantageous, because that labor is now free to join leaner companies that struggle to find workers.

[ckdarby]

Survive, no. Blackberry is still surviving.

Thrive, yes. It is one of the factors that allowed them over time to get to $72B in net income.