'It Never Trickles Down' — Bernie Sanders Hits Out at Microsoft Over Xbox Layoffs and Console Price Rises, Says They Prove Corporate Tax Breaks Do Not Create Jobs - IGN
The story
- 'It Never Trickles Down' — Bernie Sanders Hits Out at Microsoft Over Xbox Layoffs and Console Price Rises, Says They Prove Corporate Tax Breaks Do Not Create Jobs IGN
- Bethesda, id Software reportedly hit hard by Microsoft layoffs Ars Technica
- Resetting XBOX XBOX Wire
- "Workers deserve protection, not to be treated like disposable line items" – Hundreds of union members affected by Xbox layoffs GamesIndustry.biz
- Here's what Microsoft is offering laid-off employees in severance Business Insider
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The Story At A Glance
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- • Microsoft laid off 4,800 employees, with 3,200 cuts occurring within the Xbox division.
- • Layoffs coincided with price increases for Xbox consoles.
- • Senator Bernie Sanders criticized the company for prioritizing profits and executive pay over job stability.
Microsoft reported $101 billion in profits while utilizing $12.5 billion in tax breaks. The company is currently restructuring its gaming division and shifting investment toward artificial intelligence.
Christian Perspective
The treatment of workers as disposable line items violates the biblical principle of honoring the dignity of
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