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Microsoft reports $36.6bn profit as it offers buyouts to 60,000 workers

Microsoft has reported a profit of $36.6bn while offering buyouts to about 60,000 employees, equivalent to one in four workers, as it seeks to reduce costs.

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Microsoft has reported a profit of $36.6bn while offering buyouts to 60,000 workers as part of efforts to reduce costs.

The proposed buyouts would be offered to roughly one in four of the company’s employees. The move comes alongside the profit announcement and represents a significant workforce cost-cutting measure by the Windows developer.

The supplied information does not provide further details on the period covered by the reported profit, the terms of the buyout packages or how many employees are expected to accept them.

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Microsoft’s latest position is therefore defined by two developments: a substantial reported profit and a plan to offer voluntary departures to a large proportion of its workforce. Further information would be needed to establish the timetable for the buyouts and their eventual impact on staffing levels.

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