The update follows the firm's move to eliminate about 10,000 jobs.
Microsoft sales have slowed sharply as customers facing economic strains cut their spending on technology.
The update came just days after the firm said it would reduce its workforce by roughly 5%, eliminating 10,000 jobs. Businesses are worried about the economy, while households who splashed out on computers and other tech while stuck at home during the pandemic have been cutting back, especially as the cost of living rises.
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