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A laid-off Microsoft worker says his best career move was focusing on his side business instead of the corporate ladder

Eduardo Noriega
Eduardo Noriega

  • Eduardo Noriega was laid off by Microsoft in May after 17 years with the company.
  • He said job security concerns led him to build a side business while he was still employed.
  • It’s become harder for some tech workers to retain and find jobs amid layoffs and hiring slowdowns.

Eduardo Noriega spent over a decade preparing for the possibility that Microsoft would one day lay him off. When that day came, he was ready.

In May, after 17 years with the company at its Redmond, Washington, headquarters, Noriega learned his role as a senior software engineer was being cut. He told Business Insider he’s extremely grateful for his time at Microsoft. However, he started having concerns about job security amid the Great Recession when, less than a year into his role, the company announced plans to cut about 5,000 workers.

“When I saw the layoff, I realized that job security isn’t real,” said the 51-year-old.

After weighing his options, Noriega concluded that his best shot at financial stability was building a business he could rely on if he ever lost his job at Microsoft. Rather than focusing solely on climbing the corporate ladder, he decided to continue working on a side business he’d started in Mexico. He said it was one of the best career decisions he’s ever made.

“I decided not to put all my eggs in the career promotion basket, but to try to build something on my own,” he said. “That’s where I put a good deal of my eggs, and that’s what paid off once I was laid off.”

Noriega is among the thousands of Microsoft employees who have been laid off in recent months. After cutting 6,000 jobs in May, the company laid off roughly 9,000 more in July. A Microsoft spokesperson previously told Business Insider that the company was focused on reducing management layers and streamlining processes. The cuts have also included many individual contributor-level engineers like Noriega.

Microsoft isn’t alone. Google, Intel, Amazon, and Walmart are among the companies that have also announced plans to reduce the number of managers in a trend dubbed the “Great Flattening.” Layoffs remain low by historical standards, but tech workers have been hit hard — just as white-collar hiring has slowed. That’s made it more difficult for workers like Noriega to count on traditional employers for income. Instead, they may turn to working for themselves.

Choosing between 3 possible career strategies

When Noriega started at Microsoft, he saw three potential career paths. One was to dedicate himself to the job and hope that promotions and raises would follow. Another was to jump between companies every few years, gradually landing more senior and higher-paying roles. The third was to build a side business with the goal of someday turning it into a full-time job.

Noriega said his lifelong passion for entrepreneurship — along with a desire for a backup plan in case of a layoff — pulled him toward the third path. When he wasn’t working at Microsoft, he dedicated time to a software education business that he’d begun developing before he moved to the US. After a few years, when the business didn’t take off as he’d hoped, he shifted his focus to an online piano lessons venture — but that one also struggled to get off the ground.

In 2016, he launched NTSprint, a staffing firm that helps Latin American software engineers access remote jobs in the US and Canada. Noriega, who is originally from Cuba and lived in Mexico for several years, said his goal was to help engineers in the region land higher-paying jobs and “break the cycle of poverty” in their communities.

Over the past decade, Noriega has poured significant time and energy into building the business. In the year leading up to his Microsoft layoff, he said his typical schedule involved finishing work at 5 p.m., then exercising, showering, and eating dinner before working on NTSprint from 8 p.m. to midnight. In addition to those four-hour weeknights, he said he’d often spend up to eight hours on the business each Saturday and Sunday.

“I was working like crazy,” he said.

Noriega said working on his business outside work hours was in compliance with Microsoft’s moonlighting policy, which he said allows employees to pursue side projects or businesses as long as it’s done outside company hours, the business doesn’t compete with Microsoft, and company resources aren’t used. Noriega said he was transparent about his business with his manager and didn’t face any pushback.

Winning the ‘Microsoft game’

When Microsoft laid him off in May, Noriega said he’d already been talking with his wife about whether he should quit his job and focus exclusively on his business. He said he was earning more money from the business than from his Microsoft role, and the long hours were taking a toll. However, he said he couldn’t bring himself to resign — doing so would mean giving up a steady paycheck, excellent health insurance, and unvested stock.

Noriega said getting laid off by Microsoft was likely very difficult for most employees, but for him, it provided the push he needed to focus on his business full-time. He hasn’t looked for another job since.

“I never dared to quit,” he said. “And then Microsoft presented the layoff, and for me, that was like an exit.”

Noriega said he thinks people who have concerns about their job security should consider diversifying their incomes — whether through freelancing, consulting, or building a business. He knows this isn’t feasible for everyone, but said doing so helped him blunt the financial and career impacts of his layoff.

In his final days at Microsoft, Noriega said a coworker told him he “won the Microsoft game.”

“What she meant is that I worked hard for the company, but once I was laid off, I was not left empty-handed and in despair, rushing to get the next job to support my family,” he said.

Read the original article on Business Insider
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But look, I’m not sure that parliament’s going to benefit from more Putin apologists like Nigel Farage, to be honest.

Look at what he’s said about Russia, look at what he’s said about Putin in the past. Look [at] what he said in the middle of the general election campaign.

At this point, when maximum pressure needs to be put on Putin to support Ukraine in negotiations, when the maximum condemnation of Putin is required from someone who is sitting down with Trump in Alaska but turning up the attacks on Ukraine, it needs all voices.

I sat on this terrace this very morning with President [Volodymyr] Zelenskyy, who is fighting for the same values as we were fighting for. And so when we say never forget, we must pass on the stories of those who have gone before us.

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How McDonald’s big bet on Pokémon cards ended with 24 hours of grown men fighting, pigeons snapping up fries, and scalpers cashing in

Kiko pokemon cards mcdonalds
Pokémon fans Kiko and Madison Hodges scored a haul of Pokémon cards from the more than 20 Happy Meals they bought.

  • McDonald’s launched a Happy Meal with Pokémon trading cards in Japan, and all hell broke loose.
  • Picture Happy Meals in bike baskets, grown men fighting, and pigeons feasting on fries.
  • The collaboration showed the power of the red-hot collectibles industry.

Not all McDonald’s promotions are created equal.

This week, the fast food chain hit the jackpot in Japan with the help of colorful trading cards emblazoned with Pikachu the lightning rat, the source of much millennial nostalgia.

The fast food chain announced that from August 9 to 11, customers could snag an exclusive pack of Pokémon cards with every Happy Meal purchase. Each set was priced at roughly 500 yen, or $3.50, with a five-meal-per-person limit.

But before the first day was over, McDonald’s pulled the plug on the promotion. The deal had morphed into a chaotic sprint for superfans and scalpers alike.

In a press release on August 11, McDonald’s confirmed that the campaign had resulted in customers buying large quantities of the meals for resale, which led to congestion in stores and food waste.

“McDonald’s does not tolerate the purchase of Happy Meals for the purpose of resale, or the abandonment or disposal of food,” the release said, adding that it would impose stricter purchase limits in the future.

McDonald’s did not respond to a request for comment from Business Insider.

From meltdowns to pigeons on fries

Soon after the promo launched on August 9, social media feeds were filled with surreal scenes: bags of Happy Meals abandoned in stores, piled outside outlets, or stuffed into bike baskets.

Buyers were snapping up multiple Happy Meals for the exclusive cards, often ditching the food.

Kiko Ochoa-Beovides and Madison Hodges told Business Insider they snapped up around 20 Happy Meals to collect the toy sets and Pokémon cards.

They hadn’t expected to find any. On Sunday, the pair stopped by a McDonald’s on the Yokosuka Fleet base, on the outskirts of Tokyo, and were surprised to find cards in stock.

“We called everywhere and they were completely sold out,” said Ochoa-Beovides, 22, an American who moved to Yokosuka in May.

Hodges, 21, who moved to Japan last August, added: “As soon as they told us they had them in stock, we went right over.”

They bought 15 meals on their first trip, then returned two hours later for another 10. They ended up with so much food that they drove around handing out free Happy Meals to make sure nothing went to waste.

They told Business Insider that the restaurant let them place unlimited orders.

Others weren’t as charitable. A video posted on Saturday — the first day of the promo — showed two people dumping multiple bags of Happy Meals straight into the trash.

Some customers took to social media to gripe about snaking queues and hourlong waits.

“There was a huge line, far surpassing the time of Chiikawa,” X user “hinoko” wrote on X on Saturday, referring to McDonald’s Japan’s tie-in with the popular rabbit-like anime character.

“I waited for nearly an hour, with people in line getting irritated,” they wrote.

In some cases, the frustration reached a boiling point. At one outlet in Japan, two men — one of them juggling armfuls of McDonald’s bags — got into a heated argument. A video of the altercation, posted on Saturday, went viral on TikTok, racking up about 11 million views by Thursday.

@satou19880303

マクドナルドでポケモンハッピーセット1人5セットなのに40個買った人に注意してた人まぢ勇者#バズれ

♬ オリジナル楽曲 – 三杯目ひかる⭐️⭐️⭐️ – 三杯目ひかる⭐️⭐️⭐️

The chaos also spilled into the online resale sphere. Within hours, the Pokémon cards — and even the untouched meals — were listed on resale sites for as much as 2,000 yen, nearly four times the original price.

On Thursday, Business Insider saw dozens of Pokémon card listings on Mercari, Japan’s largest online resale marketplace, with some priced as high as 3,000 yen.

The frenzy moved from human hands to pigeon beaks. A viral post on Sunday showed pigeons on the usually impeccable streets of Shibuya pecking at food scraps on the pavement next to crumpled McDonald’s bags.

“Early morning chaos in Shibuya. McDonald’s burgers and fries were scattered on the streets, turning into a feast for pigeons,” the post on X read.

A home run collaboration

Globally, McDonald’s is no stranger to high-profile brand collaborations. Some promotions, like their BTS meals and Hello Kitty giveaways, have similarly resulted in massive crowds and a shortage of collectible items.

In its most recent earnings call, CFO Ian Frederick Borden said McDonald’s partnership with “A Minecraft Movie,” which was held in more than 100 markets, had an “incredibly strong” response from consumers. Most of its Minecraft collectibles sold out ahead of the intended promotion window.

Kieran Gibb, the founder of Monogic, a Hong Kong-based food and beverage marketing company, called the McDonald’s Pokémon Happy Meal a “home run collaboration.” He said it drew in customers of all ages, from children to nostalgic adult collectors.

Frenzy is an effect that is “incredibly hard to achieve,” said Gibb.

“McDonald’s has tapped into a brand with super fandom at a period in time where collectability is at its sheer peak,” Gibb added.

Pokémon has had generations of fans since its debut in the late 1990s, said Ryan Hoge, the president of Professional Sports Authenticator, a trading card grading company.

“Now, those original fans are in their 30s and 40s, have disposable income, and are sharing their fandom with their children,” Hoge said. “It’s become a generational hobby and connection point.”

The promotion was launched shortly after McDonald’s reported strong second-quarter results. Same-store sales in its international developmental licensed markets segment grew by more than 5.5%, led by Japan.

Tapping into a booming collectible market

Trading cards — and the collectibles industry at large — are red-hot now.

Adam Goulston, Japan’s strategic advisor for the Singapore-based public relations and marketing agency Ellerton & Co., told Business Insider that the real target of the Happy Meals trading cards was collectors and resellers, for whom the meals were a “very cheap way to acquire limited-edition inventory for resale.”

Buying and selling trading cards is made easy by platforms like Mercari in Japan and eBay outside Japan, Goulston said.

The McDonald’s Pikachu card will hold value because of collectors who chase specific characters, Hoge said. He said Pikachu is arguably one of the most popular Pokémon card characters of all time.

There’s also a sprawling industry to hold up the resale value of these cards — and big money in it.

Some Pokémon cards have been sold for millions. In 2022, the YouTuber Logan Paul clinched a Guinness World Record for the most expensive Pokémon card sold in a private auction, having paid $5,275,000 for his PSA 10 Pikachu Illustrator card.

Collectibles of all sorts are also flying off the shelves. A consumer group called “kidults” — who go all in on board games, figurines, and plush toys like Labubu — is fueling the growth of the toy sector.

Madness might leave a ‘sour taste’ for McDonald’s, brand experts say

The Pokémon Happy Meal frenzy could still lead to trouble for McDonald’s. The Japanese care about social etiquette and reducing food waste — and this isn’t a good look.

Gibb from Monogic said the chaos may have left “a sour taste” in the mouths of its Japanese consumer base.

However, Guy Llewelyn, a professor at EHL Hospitality Business School in Singapore, said the collaboration was a net positive for McDonald’s.

“The equity gained from the promotion will outweigh the short-lived surge of negative press on wasted food and long lines,” Llewelyn said. “Customers see the collaboration as a short-lived, isolated event, and not a systemic failing of the brand.”

Read the original article on Business Insider
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