By
Aarti Dhapte, 02 June, 2023
Microsoft has joined other big tech companies in turning to layoffs to overcome the more challenging times. It announced cutting over 10,000 jobs and posted on fiscal second quarter earnings exceeding the Wall Street estimate.
According to the reports, Microsoft's solid financial results depend heavily on the cloud side of its business. Also, the most recent quarterly results are no exception. As per the reports, out of the total $52.9 billion recorded, 22.1 was from the 'Intelligent Cloud' segment. It is the highest figure of the third quarter so far…
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