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209 points htrp | 1 comments | 02 Jul 25 13:26 UTC | HN request time: 0.675s | source

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pseudosavant ◴[02 Jul 25 16:08 UTC] No.44445427[source]▶

Microsoft's most recent quarterly numbers, for those interested:

    - Revenue was $69.6 billion and increased 12%
    - Operating income was $31.7 billion and increased 17% (up 16% in constant currency)
    - Net income was $24.1 billion and increased 10%

How can you justify needing layoffs when you made $24B in net income on $70B in revenue?? I guess $24B and a 10% YoY increase is almost failing?

replies(4): >>44445851 #>>44446107 #>>44449011 #>>44453052 #

1. ponector ◴[03 Jul 25 09:00 UTC] No.44453052[source]▶

>>44445427 #

> How can you justify needing layoffs when you made $24B in net income

Cut costs and make 25B next quarter! Cut more in US and hire in India. Make 27B in a quarter next year!

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Microsoft to Cut 9k Workers in Second Wave of Major Layoffs