https://www.live-feeds.com/feed/microsoft-profits-soar-days-after-announcing-thousands-of-layoffsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/microsoft-profits-soar-days-after-announcing-thousands-of-layoffshttps://www.live-feeds.com/feed/microsoft-profits-soar-days-after-announcing-thousands-of-layoffs#u172227Tue, 03 Nov 2026 12:56:00 +0000Technology giant Microsoft reported that its profits for the three months ending in September jumped to more than $36.6bn, or £27.5bn, driven by cloud growth and artificial intelligence demand. This financial surge arrived just days after the Windows developer announced plans to cut costs by offering buyouts to around 60,000 workers, amounting to more than a quarter of its workforce. Following the earnings report and the beat on quarterly cloud revenue estimates, Microsoft stock jumped 4 percent, outperforming other major tech companies.Why it mattersThe sharp financial rise highlights a broad