Microsoft Company essay


The paper draws its attention to the Microsoft Company and answers the two main questions concerning the current employee account for the company and the turnover rate of Microsoft.

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Microsoft

The paper draws its attention to the Microsoft Company and answers the two main questions concerning the current employee account for the company and the turnover rate of Microsoft.

The current number of employees in Microsoft Company is 126,945 worldwide and 60,860 in the USA (Microsoft). The total number decreased in comparison with June 2014 when the quantity of employees was 128,076 as a result of layoff (Microsoft). As of October 3, 2014 29 % of the Microsoft employees are female which is higher than the last year (24 %) while male percentage is 71.0% (Lowensohn). Most of the workers are Caucasian (60.6%), Asian (28.9%), African American/Black (3.5%), Hispanic/Latino (5.1%), and Multi-Racial (1.2%) (Microsoft). Average age is 38.7 years (29 years or under - 17.7%; 30-39 years - 37.0%; 40 years + - 45.3%) (Microsoft). The salary ranges from $73,974 to $146,983 depending on the position.

In July 2014, Microsoft Company declared intention to lay off about 18,000 employees. The company employed 127,104 workers as of June 2014, after dismissal, about 14% of the employees lost their jobs and it is the biggest Microsoft reduction ever. At first, 12,500 of personnel were fired. In autumn the company continued its layoff plan, in September, Microsoft laid off 2,100 people and in October, the company cut around 3,000 jobs. This way, Microsoft stated that it was almost done with the 18,000 reductions, which were announced in July. This layoff concerned mostly v-dash employees who are project-based and are mostly subject matter experts and technology specialists. For this year, Microsoft reported about a new record revenue of 86.83 billion dollars.

Microsoft Company is a global innovator in software services, which develops, supports and sells computer software, computers and services. The company is the largest producer of software in the world measured by revenues and it is one of the most valuable companies.

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