Microsoft Slashing Thousands of Workers
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Microsoft may also realize growth in its integrated IT/OT offering as manufacturing reshoring occurs. Click here to read my most recent analysis of MSFT.
In what is considered Microsoft' s largest round of layoffs since 2023, the company decided to fire 6,000 employees, which makes up about 3% of its workforce. A director of AI who has been impacted has taken to X to share about the “bittersweet news”. In her post, she recalled that the employees who were fired were “asked to stop work immediately”.
With its dominance in productivity, business solutions, and cloud computing, 24/7 Wall St. projects big upside for Microsoft stock by 2030.
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Barchart on MSNMSFT Stock Prediction: Will Microsoft Hit $600 Amid Cloud and AI Boom?Despite ongoing macroeconomic uncertainty, Microsoft (MSFT) has demonstrated its resilience and long-term growth potential with a strong fiscal third-quarter 2025 earnings report. The solid momentum in its financials was again led by the strength of its cloud business,
Microsoft will cut 6,000 people — about three per cent of its global workforce — AFP reported. That includes 1,985 workers in its home state of Washington, according to a filing posted on the state's labour affairs agency website.
The company reported $70.1 billion in revenue and earnings of $3.46 per share, compared to the consensus estimates of $68.4 billion and $3.22, respectively.
But an unresolved issue is the amount of equity in the start-up that Microsoft Corporation (MSFT) would receive, she stated.
Microsoft (MSFT) is a Zacks Rank #2 (Buy) that has a D for Value and a B for Growth. As one of the worlds largest software company’s, most investor know this stock for its Office suite of software. There is a new driver on the horizon for this company and it is all about AI.
Outside of revenue numbers, Microsoft (MSFT) also detailed its share buybacks for its Q3 FY25 earnings report. In these reports, Microsoft stated it paid out $9.7 billion to shareholders in the form of dividends and share repurchases.
Revenue in the tech company’s cloud business increased 21%.
OpenAI and Microsoft are rewriting the terms of their multibillion-dollar partnership in a high-stakes negotiation designed to allow the ChatGPT maker to launch a future IPO, while protecting the software giant's access to cutting-edge AI models, the Financial Times reported on Sunday.
When markets close for the day, Microsoft (MSFT) will release its earnings report for the latest financial quarter. Afterwards, they’ll host an earnings call to discuss those results with investors. If you’d like to hear the conversation,