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Microsoft has announced sweeping layoffs and other dramatic changes resulting in 4,800 layoffs across the company, including 3,200 at Xbox specifically. What’s led to this? According to one expert, Microsoft CEO Satya Nadella and his “catastrophic mismanagement” of the company is to blame.
Ed Zitron, an author who specializes in covering the technology space and is the CEO of EZ Primary Research, offered a blistering take on Microsoft’s management in response to the mass layoffs.
“Catastrophic mismanagement by a company run by a sub-McKinsean imbecile that hires other losers to move money around to hide how bad his AI plays are. Microsoft is a disgrace to the software industry,” he said.
Zitron has been an outspoken critic of elements of AI in particular, recently appearing on CNBC to offer the bear case against generative AI.
“One of the biggest lies of the AI bubble is that Microsoft, Google, Amazon and Meta are ‘growing because of AI,'” he said recently. “In reality, they’re using the continued growth of their other business units to cover the meager returns from AI, and the massive waste of their trillion+ in capex.”
Microsoft, of course, is massively invested in AI, and Zitron appears to
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