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Microsoft profits soar days after announcing thousands of layoffs

Published: Oct 29, 2026, 12:00 PM

Read Time: 1 min

0:00

Microsoft profits soar days after announcing thousands of layoffs

Technology giant Microsoft says its profits for the three months to the end of September jumped to more than $36.6bn (£27.5bn), just days after announcing plans to cut its workforce by more than a quarter.