Microsoft expects headcount to decrease in coming quarters

12 articles · Updated · Business Insider · Apr 29

CFO Amy Hood said Microsoft anticipates year-over-year headcount reductions starting July, following recent buyouts affecting up to 8,750 US employees.
The company reported $83 billion in quarterly revenue and $32 billion net income, but cloud growth lagged behind Amazon and Google, raising concerns about AI investments.
Microsoft shares recently saw their worst quarterly performance since 2008, while organizational changes and new Copilot software initiatives continue amid evolving partnerships with OpenAI and Accenture.

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