Microsoft announced that its quarterly profit surpassed $36.6bn following a plan to reduce its workforce by more than a quarter.
The Windows developer stated on Monday that voluntary buyouts would be offered to approximately 60,000 employees to decrease expenses while investing significantly in artificial intelligence.
During after-hours trading in New York on Wednesday, shares of the technology firm increased by nearly 2.9%.
According to the company, quarterly revenue grew to $92.3bn, which was propelled by robust expansion within its cloud computing division.
Prepared 29/10/2026 · 01:50 · Paris time
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