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this post was submitted on 30 Aug 2023
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It's only stupid if you think Microsoft wants to retain employees.
The tech industry is contracting after over expanding during the pandemic and, instead of layoffs, MS is hoping to get to their budget cuts by attrition.
Enjoy that Dead Sea Effect.
https://en.everybodywiki.com/Dead_Sea_Effect
Don't worry, if a competitor shows up (possibly started by an ex employee), they can just buy them. The lack of any kind of anti trust enforcement made the whole concept of innovation by competition irrelevant.