Microsoft lays off thousands, makes $27 billion profit in Q2 — CEO Satya Nadella doubles down on AI mania

Microsoft layoffs in 2025 and Satya Nadella’s AI strategy: At a time when thousands of Microsoft employees are still reeling from sudden job cuts, the tech giant has posted $27.2 billion in net income for the latest quarter, a 24% jump from the previous year, as per a report. The driving force behind that growth is AI and cloud technology, according to a GamesRadar report.