27 Oct 2026

Microsoft’s revenue keeps growing. Its workforce barely moves.

Microsoft ($MSFT) will reportedly offer voluntary buyouts to around 60,000 employees, according to Bloomberg, as it cuts costs and reorganises around AI. That is the number eligible—not the number expected to leave. Meanwhile, headcount stands at roughly 223,000, largely unchanged since 2022. Revenue has risen more than 500% since 2007. Two different timeframes. One striking shift in spending priorities. Microsoft is pouring billions into chips, data centres and AI infrastructure while keeping a tight grip on hiring elsewhere. This goes beyond AI automating individual tasks. The infrastructure race is also changing where companies allocate their next dollar. Revenue growth once fuelled workforce expansion. In the AI era, more of that money is going into compute. Source: Global Markets Investor, CNBC, Bloomberg

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