Microsoft: "we expect headcount will decrease year over year"
8 hours ago
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- Microsoft CFO Amy Hood projects a year-over-year decrease in workforce headcount as part of ongoing efforts to increase pace and agility.
- The company recently initiated a voluntary buyout program for long-serving employees, affecting about 7% of the U.S. workforce, and has made organizational changes emphasizing tighter, accountable teams.
- Microsoft reported strong financials, including $83 billion in quarterly revenue, $37 billion in annualized AI revenue (up 123%), and a 39-40% growth forecast for Azure.
- The voluntary retirement program targets employees with age plus years of service totaling 70 or more, potentially impacting approximately 8,750 U.S. workers.
- Microsoft is adjusting its compensation structure by decoupling stock awards from cash bonuses to provide managers more flexibility in rewarding high performance.