Tech · Economy & businessUpdated
Microsoft profits soar days after announcing thousands of layoffs
From Ada Derana ·
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1 min readFrom 2 outlets- Microsoft announced plans to cut thousands of jobs, according to Ada Derana.
- Both outlets report that profits rose around the time of the announcement.
Ada Derana and Hiru News report that Microsoft’s profits rose after the company announced plans to reduce its workforce. Ada Derana describes the planned cuts as numbering in the thousands.
The reports do not provide profit figures, identify which employees or divisions may be affected, or give further details about the timing or implementation of the job cuts.
Based on: Hiru News, Ada DeranaWritten by AI from Hiru News, Ada Deranathese outlets’ reports. Not reviewed by an editor. It can be wrong — the original reports are the authority. .
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