Safe heaven like Windows had once! So don't worry for couple of years!!
Azure is very profitable at the moment and a key component of MS's current / future strategy. This will space will most probably only be disrupted once quantum computing becomes commercially viable for general purpose computing needs.
layoffs were all based around restructuring of the MS Partner model.
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Recent layoffs have (mostly) nothing to do with Azure
Just wait
Azure is actually doing quite well. Wouldn't expect layoffs there