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Microsoft expects 'very few people' to accept buyouts, CFO says in internal memo

Microsoft is offering buyouts to about a quarter of its workforce. The company expects "very few people" to accept, a CFO memo said.

Microsoft is providing voluntary buyouts for approximately one-quarter of its workforce, according to an internal memo from the company's Chief Financial Officer, Amy Hood. In the memo, Hood addressed employee concerns about the rationale behind the offer. She stated that Microsoft's intent is to provide employees with the agency to leave the company on their own terms.

However, Hood acknowledged that the company expects only a small number of employees to accept the buyouts due to the numerous growth opportunities within Microsoft. The memo, sent internally every quarter, offers a glimpse into Microsoft's executives' priorities and the information they wish to convey to employees. Earlier this year, Microsoft provided a retirement buyout, with about one-third of eligible employees accepting, which assisted in reducing subsequent layoffs. Microsoft declined to provide further comment on the matter.

Written by urgent.news from Business Insider's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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