this post was submitted on 26 Oct 2026
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Microsoft looking to remove 60,000 jobs, ~25% of the company (www.reuters.com)
submitted 1 day ago* (last edited 12 hours ago) by godsammitdam@lemmy.zip to c/technology@lemmy.world
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cross-posted from: https://lemmy.zip/post/73939581

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[โ€“] urushitan@kakera.kintsugi.moe 61 points 1 day ago (1 children)

Yes, sadly. Microsoft made 193 billion dollars in profit in 2025, and has only made $225 billion dollars in profit this year. The investors are basically starving to death

[โ€“] huquad@lemmy.ml 5 points 1 day ago

What, you expect them to eat food without gold leaf?