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 * Tech


MICROSOFT TRIES TO REDUCE BUSINESS EXPENSES BY RESTRICTING SPENDING ON TRAVEL
AND COMPANY GATHERINGS


FINANCE CHIEF AMY HOOD WARNS EMPLOYEES TO KEEP AN EYE ON BUDGETS

MICROSOFT HAS BEEN LOOKING FOR WAYS OF CONTROLLING COSTS.

Photo: Thiago Prudencio/SOPA Images/Zuma Press
By
Aaron Tilley and
Sarah Krouse
Aug. 9, 2022 2:28 pm ET

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Microsoft Corp. is asking teams across the company to rein in some employee
expenses as the software giant tries to control costs in the current economic
environment.

Managers at the Redmond, Wash., company have told staff of various cutbacks to
the company’s budget, said people familiar with its plans. Some spending on
business travel, outside training and company gatherings is being targeted, said
the people.

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