Microsoft - why talk about 60,000 redundancies when profits just passed the $36.6 billion mark?

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  "detected_at": "2026-10-29T08:35:02+00:00",
  "company": {
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    "domain": "microsoft.com"
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  "data": {
    "url": "https://diginomica.com/microsoft-why-talk-about-60000-redundancies-when-profits-just-passed-366-billion-mark",
    "title": "Microsoft - why talk about 60,000 redundancies when profits just passed the $36.6 billion mark? - Diginomica",
    "excerpt": "Timing is everything. Days after Microsoft offered voluntary redundancy to 60,000 of its staff, the firm turned in a $36.6 billion profit. Quarterly revenue rose to $92.3 billion, driven by strong growth in the cloud business. Total Microsoft Cloud revenue was $63.9 billion up 30% year-on-year. Azure business grew 48% to $33.17 billion. This is the first time that the firm has disclosed Azure revenue in dollars, instead of just growth percentages. Azure growth was broad-based across both enterprises and Small and Medium Business segments, as well as spanning both core cloud services and AI infrastructure, according to CEO Satya Nadella: We are focused on three things: designing AI to empower people, ensuring every organization has sovereignty over its own learning and building trust with controls that ensure agent safety and security. The kind of AI deployments being undertaken is evolving, he said: I was in Europe just last week, and it was great to see the qualities of the of the Agentic systems that are just broadly getting deployed, where Unilever deploys what is their automated order taking and trade coupon dispute management stuff, all as a fully agentic touchless system. Rolls-Royce deploys a system to really manage all of their maintenance or whatever their jet engines with 30,000 parts, a pretty complex supply chain, both planning, execution, inventory management...",
    "summary": "Volkswagen announced plans to deploy Microsoft Copilot to more than 330,000 employees.",
    "planning": true,
    "image_url": "https://diginomica.com/sites/default/files/images/2026-01/Screenshot%202026-01-20%20at%2011.04.33.png",
    "confidence": 0.9,
    "published_at": "2026-10-29T08:35:02Z",
    "article_sentence": "And just last week, Volkswagen announced plans to deploy Copilot to more than 330,000 employees, one of the largest deployments to date in Europe.",
    "related_company_name": "Volkswagen",
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