Microsoft lay offs

OK so it's sad and bad whenever anyone has to lay people off...and amazingly Microsoft has never had to do this before...and to be sure 5,000 is a real dent in the workforce, BUT; over the year, especially the years of excess in Microsoft, being top dog, a virtual monopoly...how much padding has added to the workforce?  You have to think that there are literally thousands of people, in cushy, over paid jobs, possibly not working at the pace that other companies require, due to the fact that the Microsoft pig has been so fat for so many years.  I've seen it before in large companies.  At the BBC we called them "lifers"...people who treat their job as an entitlement and not as a challenge with targets and goals to achieve.  Also in large companies, management becomes weak, not wanting to force accountability and target goals.  Microsoft has to have many "lifers", so I am thinking this might not be such a bad thing for Microsoft, as long as they are getting rid of the right people.