Microsoft announced it would slow the rate of hiring in addition to letting about 1% of its workforce go. The company did give an upbeat guidance saying double-digit percentage increases in operating income when you adjust for currency still was in the works. They report next week, October 25th, it's going to be a really interesting report to watch out for. It seems weird to say about a company this big and this dominant, but 2023 is shaping up as kind of an important year for Microsoft.

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