Overview
- During its latest earnings call, CFO Amy Hood said the company expects year‑over‑year headcount declines as it builds smaller, faster teams.
- Microsoft launched a one‑time voluntary retirement offer for U.S. employees whose age plus years of service totals 70 or more, with details to eligible staff due May 7.
- The company took about $900 million in charges tied to the buyout program, which will show up in fourth‑quarter operating expenses.
- Quarterly revenue reached about $82.9 billion, up 18%, with Azure cloud revenue rising 40% and Intelligent Cloud revenue hitting $34.7 billion.
- Hood said capital spending will exceed $40 billion this quarter to add data center capacity, as Microsoft reported a $37 billion AI annual revenue run rate and loosened exclusivity in its OpenAI deal to allow broader multi‑cloud access.