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.
They massively over-hired and over-acquired during covid. Demand spiked and they started poaching every studio and developer they could find. These layoffs were likely always the plan for when demand dropped again, and when they needed to streamline and consolidate the studios they purchased.