Technology · 21 views
Microsoft's moolah mountain is more massive than ever. It just doesn't want the people who built it
Capitalism can seem so perverse. Take Microsoft, which is celebrating record financial performance by inviting 60,000 employees to consider continuing their careers outside the company .
AI Summary
Microsoft announced a voluntary redundancy program, inviting about 60,000 staff to consider leaving the company even as it reports record fiscal 2026 results. The firm’s Azure cloud segment grew more than 40 percent, and its AI‑assisted CoPilot service reached roughly 30 million paid seats. Overall revenues are described as “through the roof,” and Microsoft returned $10.2 billion to shareholders through dividends and share repurchases. The juxtaposition of massive cash returns with a large layoff invitation highlights a stark contrast in its current strategy.
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