This is why Microsoft asks 60,000 workers to leave.
http://techrights.org/n/2026/10/30/Despite_the_Mass_Layoffs_Microsoft_s_Debt_Soared_by_5_1_Billion.shtml
3 replies (most recent on top)
@e3 The looting of America from sui-idal empathy continues.
Microsoft achieved record annual revenue and net income in fiscal year 2026.
Fiscal Year 2026 Financial Results
• Total Revenue: $331.84 billion (up from $281.72 billion in FY 2025)
• Net Income (Profit): $133.75 billion (up from $101.83 billion in FY 2025)
All that money is for the CEO and his pals (that include corrupt politicians & their friends) not you American workers who invented and created the tech industry.
But AI