Microsoft Corp.’s revenue declined much more than 12% in the vacation time, and executives said Tuesday that a profits deceleration at the conclude of 2022 is envisioned to go on into the new 12 months as the business lays off staff.
Microsoft MSFT Chief Financial Officer Amy Hood said in a meeting phone Tuesday that “we are looking at shoppers training warning,” which resulted in “moderating intake growth in Azure and reduced-than-envisioned expansion in new business” in December. Hood then reported that “we assume small business trends that we noticed…