Microsoft Posts $36.6 Billion Profit While Cutting Workforce

Microsoft just pulled in a massive thirty-six point six billion dollars in profit for the quarter ending in September. Total revenue hit ninety-two point three billion dollars, driven by strong growth in its cloud computing business. Azure grew by forty-eight percent, beating what Wall Street analysts expected. But the company is cutting costs while pouring billions into artificial intelligence. On Monday, Microsoft offered voluntary buyouts to roughly sixty thousand workers, which is about twenty-seven percent of its staff. One source notes the company expects fewer than ten percent of employees will actually take the offer. Meanwhile, quarterly capital expenditures reached forty-five point two billion dollars. Microsoft shares climbed by close to three percent in after-hours trading, though one outlet puts the initial bump at over four percent. Satya Nadella said the company is translating innovation into real-world impact across every industry.