Microsoft's moolah mountain is more massive than ever. It just doesn't want the people who built it
Microsoft achieved strong fiscal performance with Azure revenue up 40%, 30 million CoPilot paid seats, and returned $10.2 billion to shareholders through dividends and buybacks. Yet the company simultaneously offered voluntary redundancy packages to 60,000 employees. The article questions the contradiction between record profitability and workforce reductions, noting that AI efficiency claims remain unsubstantiated while capital expenditure was lower than anticipated.
Key points
- Microsoft posted record revenue and returned $10.2B to shareholders via dividends and share repurchases
- Company offered 60,000 employees voluntary redundancy despite strong financial position
- AI efficiency gains cited as rationale, but evidence for productivity improvements remains unclear
Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. The Register did the reporting; read the original for the full story.
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