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Stockreport

Microsoft is Making History by Offering Voluntary Retirement [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
In its history of 51 years, Microsoft, for the first time, is offering voluntary retirement buyouts to U.S. employees. For a company that has long relied on hard layoffs rather than a soft exit ramp, up to 8,750 people (about 7% of its workforce) could walk out the door with a retirement package. WHAT HAPPENED Microsoft announced the one-time voluntary retirement program in a memo to employees, in what it frames as “the choice to take that next step on their own terms, with generous company support." The eligibility formula is highly specific: the program is open to U.S. workers at the senior director level and below whose years of employment and age add up to 70 or higher. So a 45-year-old with 25 years of service qualifies, as does a 52-year-old with 18 years of employment. The full financial terms have not been disclosed, but healthcare will be a main feature and employees have no restrictions on future employment. Microsoft is also decoupling stock from cash bonuses in it [Read more]
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Stockreport

Microsoft is Making History by Offering Voluntary Retirement [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
In its history of 51 years, Microsoft, for the first time, is offering voluntary retirement buyouts to U.S. employees. For a company that has long relied on hard layoffs rather than a soft exit ramp, up to 8,750 people (about 7% of its workforce) could walk out the door with a retirement package. WHAT HAPPENED Microsoft announced the one-time voluntary retirement program in a memo to employees, in what it frames as “the choice to take that next step on their own terms, with generous company support." The eligibility formula is highly specific: the program is open to U.S. workers at the senior director level and below whose years of employment and age add up to 70 or higher. So a 45-year-old with 25 years of service qualifies, as does a 52-year-old with 18 years of employment. The full financial terms have not been disclosed, but healthcare will be a main feature and employees have no restrictions on future employment. Microsoft is also decoupling stock from cash bonuses in it [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