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Stockreport

Amid AI shift, tech firms like Microsoft cut staff and alter pay [Yahoo! Finance]

Microsoft Corporation (MSFT)  More Company Research Source: Yahoo! Finance
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Microsoft is rolling out voluntary buyouts for some of its US employees, a first for the 51-year-old tech giant as it adjusts to the rapid advancements in artificial intelligence (AI). The one-time retirement programme is open to eligible workers at the senior director level and below who have a combined age and years of service totalling at least 70. Some 7% of Microsoft's US workforce meets this criterion, as per a source familiar with the situation. Employees are set to receive detailed information on May 7, but those on sales incentive plans won't qualify. The initiative comes as Microsoft increases its spending on data centres to meet the rising demand for AI-driven cloud services, a trend that's also being seen in companies like Alphabet and Amazon. At the same time, the software industry as a whole is facing challenges, especially with new AI coding tools from firms like Anthropic potentially upending traditional business models. Microsoft has already taken measure [Read more]
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Stockreport

Amid AI shift, tech firms like Microsoft cut staff and alter pay [Yahoo! Finance]

Microsoft Corporation  (MSFT) 
More Company Research Source: Yahoo! Finance
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Microsoft is rolling out voluntary buyouts for some of its US employees, a first for the 51-year-old tech giant as it adjusts to the rapid advancements in artificial intelligence (AI). The one-time retirement programme is open to eligible workers at the senior director level and below who have a combined age and years of service totalling at least 70. Some 7% of Microsoft's US workforce meets this criterion, as per a source familiar with the situation. Employees are set to receive detailed information on May 7, but those on sales incentive plans won't qualify. The initiative comes as Microsoft increases its spending on data centres to meet the rising demand for AI-driven cloud services, a trend that's also being seen in companies like Alphabet and Amazon. At the same time, the software industry as a whole is facing challenges, especially with new AI coding tools from firms like Anthropic potentially upending traditional business models. Microsoft has already taken measure [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MSFT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS