Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Microsoft Corporation    MSFT

MICROSOFT CORPORATION

(MSFT)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Microsoft to Allow Some Employees to Opt for Permanent Remote Work

10/09/2020 | 03:15pm EST

By Aaron Tilley and Allison Prang

Microsoft Corp. is going to permit some staff to work from home on a regular basis even after the pandemic fades in another sign that changes to work routines made in recent months will be enduring.

The software giant told employees in an internal memo this week that staff, once regular office work resumes, are going to be allowed to work from home routinely, as long as that time adds up to less than half of their workweek, according to a person briefed on the company's guidance.

Some workers will be able to work remotely on a permanent basis if it is approved by managers, the memo said. Tech news outlet The Verge earlier reported on the memo.

Microsoft's move to allow people to work from home permanently capitalizes on the trend that has become common for many businesses and industries because of the pandemic. Social-media company Twitter Inc. in May said that most of the company's staff would be able to keep working remotely after the Covid-19 outbreak has passed.

"Our goal is to evolve the way we work over time with intention -- guided by employee input, data, and our commitment to support individual work styles and business needs while living our culture," a Microsoft spokesman said.

Microsoft was one of the first big American companies to ask employees to work from home when the pandemic struck. It also has been one of the big corporate winners from the pandemic, as companies adapted to navigate the remote-work environment and have embraced the kind of cloud-computing services and workplace collaboration tools the Redmond, Wash.-based company sells.

Many companies have yet to return to the office. Google is keeping most of its staff working remotely until at least July 2021. Facebook Inc. is letting staff work remotely through July 2021 after earlier saying workers could remain away from offices through the end of 2020.

Microsoft employees also are going to be allowed to move domestically in the U.S., pending approval, but benefits and pay may change based on the company's compensation scale by location, the person briefed on the guidance said.

(END) Dow Jones Newswires

10-09-20 1514ET

Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. 2.10% 1763.9 Delayed Quote.31.69%
FACEBOOK INC 3.16% 276.92 Delayed Quote.34.92%
MICROSOFT CORPORATION 1.78% 213.86 Delayed Quote.33.23%
All news about MICROSOFT CORPORATION
01:41pMICROSOFT : Achieving 100 percent renewable energy with 24/7 monitoring in Micro..
PU
09:56aBest Buy expects holiday sales to slow as pandemic rages
RE
05:45aStock-Market Titans Amazon, Google and Facebook Are Also Driving Commercial R..
DJ
05:24aTech giants ask Malaysia PM to reinstate foreign ship cable waiver
RE
02:36aSUITED AVATARS AND DIGITAL OFFICES : traders and bankers embrace VR
RE
11/23Sixth Street-backed AvePoint to go public via $2 bln merger
RE
11/23Russia opens case against Google, saying it failed to delete banned content
RE
11/23Sixth Street-backed AvePoint to list via $2 billion merger with blank-check c..
RE
11/23France's Le Maire to push digital tax in first contact with Biden officials
RE
11/23Global dividends forecast to inch back from coronavirus cliff edge
RE
More news
Financials (USD)
Sales 2021 158 B - -
Net income 2021 51 336 M - -
Net cash 2021 76 102 M - -
P/E ratio 2021 31,7x
Yield 2021 1,02%
Capitalization 1 617 B 1 617 B -
EV / Sales 2021 9,75x
EV / Sales 2022 8,71x
Nbr of Employees 163 000
Free-Float 99,9%
Chart MICROSOFT CORPORATION
Duration : Period :
Microsoft Corporation Technical Analysis Chart | MSFT | US5949181045 | MarketScreener
Technical analysis trends MICROSOFT CORPORATION
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 38
Average target price 242,24 $
Last Close Price 213,86 $
Spread / Highest target 30,0%
Spread / Average Target 13,3%
Spread / Lowest Target -15,8%
EPS Revisions
Managers
NameTitle
Satya Nadella Chief Executive Officer & Non-Independent Director
Bradford L. Smith President & Chief Legal Officer
John Wendell Thompson Independent Chairman
Kirk Koenigsbauer COO & VP-Experiences & Devices Group
Amy E. Hood Chief Financial Officer & Executive Vice President
Sector and Competitors
1st jan.Capitalization (M$)
MICROSOFT CORPORATION33.23%1 588 536
ZOOM VIDEO COMMUNICATIONS, INC.532.39%122 381
SEA LIMITED354.80%90 356
ATLASSIAN CORPORATION PLC75.38%52 594
DASSAULT SYSTÈMES SE4.95%47 368
SYNOPSYS INC.55.17%32 781