Mass layoff and consolidation of PM (Program Manager) roles at Microsoft in FY18 Q3-Q4, especially in declining groups like Windows. Satya is focusing on cutting the fat and getting rid of unnecessary overhead that slows down innovation. Net positive for the company and stock value, but the country club is coming to an end for many after a long and profitable run. HR is crafting a message about agility and engineering culture already. Expect similar to the SDET massacre in 2014, but instead of eliminating the entire discipline it’ll be targeted at PM-heavy groups that have grown too large and deliver little business value. You heard it here first.