Microsoft tops $4T in valuation — great news for the company, not so great for its workers

If you own Microsoft stock, you’ve got to be happy.

Microsoft’s latest financial results for the quarter ending June 30, 2025 were robust: Revenue reached $76.4 billion (up 18% year-over-year), with net income at $27.2 billion (up 24%). The primary driver was robust growth in Microsoft’s cloud and AI businesses. Azure’s revenue, which has finally been separated out in the financial reporting, now stands at $75 billion in annual revenue, representing a 34% surge for the year. 

Put it all together, and you can see why Microsoft has joined Nvidia in the $4-trillion valuation club. 

So much for the good news. Despite those impressive financials, Microsoft has laid off a substantial number of employees this year — about 25,000, to be exact, including