Microsoft drew a profit of $27.2 billion in the last quarter of FY25, driven by demand for the cloud and AI. Overall, it recorded profits of over a hundred billion dollars in the entire fiscal year.
Microsoft drew a profit of $27.2 billion in the last quarter of FY25, driven by demand for the cloud and AI. Overall, it recorded profits of over a hundred billion dollars in the entire fiscal year.
To get a sense of proportions…
https://www.macrotrends.net/stocks/charts/MSFT/microsoft/number-of-employees
So they’ve added 100 000 people in about 10 years and are now laying off 9000. 4.5%. Corporations are not always great at determining which people should get fired, but it’s not a total random choice either.