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Why Microsoft is offering its first voluntary employee buyout [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
Video Transcript Speaker A a report that Microsoft plans its first ever voluntary employee buy out for up to 7% of the US workforce. This is sort of, it's like a one-time kind of retirement program. What do you make of that? Why is Microsoft doing this? Dan Yeah, we can confirm that it's uh the first time they're doing this. this program is working. the 7%, you know, a source told us that that's the number as well. Uh, it seems to be kind of one and the same almost with with meta where they're saying, look, you know, we're not doing any layoffs at this point, but it's certain members of uh the staff. It's uh they're uh I think they're below director level, uh and the amount of time that you've been with the company uh plus how old you are, if that's uh 70 uh or I think below or higher, one or the other, uh then you'll uh you'll qualify for this program for these these buyouts. And you know, look, I would rather get a buy out than a layoff. you know, even if there's compensati [Read more]
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Stockreport

Why Microsoft is offering its first voluntary employee buyout [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
Video Transcript Speaker A a report that Microsoft plans its first ever voluntary employee buy out for up to 7% of the US workforce. This is sort of, it's like a one-time kind of retirement program. What do you make of that? Why is Microsoft doing this? Dan Yeah, we can confirm that it's uh the first time they're doing this. this program is working. the 7%, you know, a source told us that that's the number as well. Uh, it seems to be kind of one and the same almost with with meta where they're saying, look, you know, we're not doing any layoffs at this point, but it's certain members of uh the staff. It's uh they're uh I think they're below director level, uh and the amount of time that you've been with the company uh plus how old you are, if that's uh 70 uh or I think below or higher, one or the other, uh then you'll uh you'll qualify for this program for these these buyouts. And you know, look, I would rather get a buy out than a layoff. you know, even if there's compensati [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MSFT
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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