Home Microsoft reports $52.7 billion in Q2 revenue, plans to layoff 10,000 workers

Microsoft reports $52.7 billion in Q2 revenue, plans to layoff 10,000 workers

Microsoft reports $52.7 billion in revenue in Q2, up 2 percent from the previous year.
The revenue was slightly lower than analysts’ expectations of $52.9 billion.
Profits fell by 12 percent to $16.4 billion.
Microsoft is preparing for the worst and plans to layoff 10,000 workers in the upcoming third quarter.