Microsoft Offers Voluntary Retirement Buyouts for 7% of U.S. Employees
Microsoft is offering voluntary retirement buyouts for the first time in its history, targeting up to 7% of its U.S. workforce, or approximately 8,750 employees. The buyouts are aimed at reducing headcount in a less disruptive manner than mass layoffs, following recent job cuts. The eligibility criteria require employees' age plus years of service at Microsoft to total 70 or more.
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Topics: buyouts Enterprise headcount layoffs Microsoft retirement