https://www.live-feeds.com/feed/microsoft-profits-surge-days-after-announcing-major-job-cutsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/microsoft-profits-surge-days-after-announcing-major-job-cutshttps://www.live-feeds.com/feed/microsoft-profits-surge-days-after-announcing-major-job-cuts#u171186Tue, 03 Nov 2026 05:47:35 +0000Microsoft's profits jumped to $36.6 billion for the three months to the end of September, days after announcing plans to cut 60,000 workers. The Windows developer said it would offer buyouts to around a quarter of its workforce to curb costs as it invests in AI. The company's quarterly cloud revenue also beat estimates.Why it mattersThe job cuts and investment in AI are part of Microsoft's efforts to optimize its business and focus on growth areas. The company's financial performance is closely watched as a bellwether for the tech industry. Microsoft's surge in profits