Microsoft reports $92.3B quarterly revenue after offering buyouts to 60,000 employees
Microsoft reported quarterly revenue of $92.3 billion, exceeding analysts' expectations, driven by a 48% growth in its Azure cloud division. The announcement followed an offer of voluntary buyouts to about 60,000 employees as part of cost‑cutting measures.
AI Summary & Key Takeaways
- Microsoft reported quarterly revenue of $92.3 billion, exceeding analysts' expectations, driven by a 48% growth in its Azure cloud division
- The announcement followed an offer of voluntary buyouts to about 60,000 employees as part of cost‑cutting measures.
Microsoft reports $92.3B quarterly revenue after offering buyouts to 60,000 employees
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