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Microsoft offers buyouts to 60,000 workers but says layoffs remain an option

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Microsoft offers buyouts to 60,000 workers but says layoffs remain an option

The company expects fewer employees to accept the new offer than took its earlier retirement package, while giving participating teams more flexibility to reshape their staffing.

Directly affected

  • MSFT Microsoft+3.7% 30d

    Named in this report.

Indirectly affected

  • XLK Technology Select Sector SPDR+9.1% 16d

    Technology Select Sector SPDR holds the technology sector that Microsoft belongs to, so it often moves with news about it.

  • PLTR Palantir Technologies+13.5% 30d

    Palantir Technologies is a peer of Microsoft in prepackaged software; rivals often move on the same news.

  • ORCL Oracle-12.8% 30d

    Oracle is a peer of Microsoft in prepackaged software; rivals often move on the same news.

  • CRWD CrowdStrike Holdings+18.7% 17d

    CrowdStrike Holdings is a peer of Microsoft in prepackaged software; rivals often move on the same news.

  • SHOP Shopify+26.0% 30d

    Shopify is a peer of Microsoft in prepackaged software; rivals often move on the same news.

  • CRM Salesforce-4.2% 30d

    Salesforce is a peer of Microsoft in prepackaged software; rivals often move on the same news.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
MSFT+1.77%+1.61%base+1.07%after closeafter closeafter close
XLKNo price data for this ticker———————
PLTRNo price data for this ticker———————
ORCLNo price data for this ticker———————
CRWDNo price data for this ticker———————
SHOPNo price data for this ticker———————
CRMNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

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Microsoft offers buyouts to 60,000 workers but says layoffs remain an option www.calcalistech.com

Source: www.calcalistech.com

This story

CompanyWhenMoveStatus
MSFTthat day+1.07%still updating
MSFTthree days earlier+1.61%final price
MSFTfive days earlier+1.77%final price

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This story

12 out of 100Price not final

“Microsoft offers buyouts to 60,000 workers but says layoffs remain an option” scores 12 out of 100. The score uses 1 sources. The price is not final yet.