retirement plans

After Two Decades, Microsoft Bids Adieu to Joe Friend: A Symbol of the 'Great Flattening' in Big Tech

Joe Friend, a 62-year-old veteran at Microsoft, was unexpectedly laid off after more than two decades of service. This move by Microsoft highlights a growing trend in Big Tech—the 'Great Flattening'—which is focusing on reducing layers of management to streamline operations. The layoff disrupted Friend's financial and retirement plans, sparking broader questions about job security and the changing priorities of tech giants.