nixCraft 🐧Microsoft's current market capitalization is approximately $3.34 trillion USD. This makes it one of the most richest companies in the world. It just cut workforce by 3% (around 7k). Microsoft is spending heavily on AI and major investor in OpenAI, while slashing costs elsewhere to safeguard profit margins https://www.reuters.com/business/world-at-work/microsoft-lay-off-3-workforce-cnbc-reports-2025-05-13/ Microsoft is planning to cut another 10000 jobs while spending 80 billion on AI data centre this year but yet to see any profit from OpenAI investments or AI data centre
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