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Microsoft is cutting 3% of its workforce
Microsoft, which is cutting 3% of its headcount, had 228,000 employees as of last June. The maker of Windows and Word is aiming to reduce management layers. Microsoft on Tuesday said that it's laying off 3% of employees across all levels, teams and geographies.
In April, Microsoft reported a solid quarter of $70.1 billion in revenue (up 13%) and net income profits of $25.8 billion (up 18%), which was even better than analysts expected. Even so ...
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Microsoft Laying Off Thousands Of Workers In Biggest Job Cuts Since 2023Microsoft is eliminating 1,985 jobs in its home state of Washington, including 1,510 in-office positions, CNBC reported. This ...
Microsoft on Tuesday began laying off nearly ... in revenue for the third quarter of fiscal 2025. The company’s net income was $25.8 billion, increasing by 18 percent. “Cloud and [artificial ...
In the last decade, Microsoft’s revenue grew 222% while its net income went from $22.07 billion to over $86 billion (in the trailing 12 months). A big driver of profits over the past decade was ...
Microsoft stock isn’t cheap, but with EPS expected to grow double digits for the next decade, it’s not overpriced either.
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