Microsoft Makes Huge Profits While Shrinking Its Team

Imagine a giant bakery that bakes millions of cookies every day. Business is booming, and customers are handing over stacks of cash! But right outside the kitchen door, the bakery managers tell a huge group of bakers that they do not need them anymore. That is pretty much what just happened at Microsoft!

Microsoft just announced that its profits—the money left over after paying its bills—shot way up. Thanks to big hits in cloud computing and super-smart artificial intelligence tools, the company is earning billions. Millions of people and businesses rely on Microsoft software every single day.