Microsoft Tries to Reduce Business Expenses by Restricting Spending on Travel and Company Gatherings

Microsoft 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.