Microsoft expects $800 million impairment charge in Q2 2025 over General Motors' Cruise exit

Reuters

2024/12/12

Dec 11 (Reuters) - Microsoft MSFT.O expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025, over General Motors' exit of the Cruise autonomous driving business, the tech giant said in a filing on Wednesday.

(Reporting by Zaheer Kachwala in Bengaluru; Editing by Pooja Desai)

((Zaheer.Kachwala@thomsonreuters.com;))

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