Microsoft offers buyouts to 60,000 employees
AI summary
Microsoft is extending voluntary buyout offers to as many as 60,000 employees in the US, UK, Canada and India, aiming to reduce staff without further layoffs. The program covers most divisions except certain commercial, marketing, and security teams.
Key takeaways
- The voluntary exit offer is not based on age, tenure, or performance.
- Eligible groups include AI, Copilot, Windows, Xbox, finance and HR, while marketing and security are excluded.
- The offer follows a prior layoff of 4,800 staff and a separate voluntary retirement program for 9,000 employees.
- Microsoft may consider future voluntary exit offers if business and workforce needs arise.
Read the original at The Verge
Community discussion (0)
No comments yet. Start the discussion.
Please log in to join the discussion.