I’m wondering if it’ll create a small buying opportunity here. I don’t think people immediately put their house up for sale if they are laid off. It’ll take 4-6 months to see. Then there might be some desperate sellers in winter.
They are hiring finance people like crazy. My linked in is full of promoted MSFT finance job postings.
The Most Valuable Company (for Now) Is Having a Nadellaissance
Under Satya Nadella, Microsoft has more subscribers than Netflix, more cloud computing revenue than Google, and a near-trillion-dollar market cap.