Microsoft Offers Voluntary Retirement to 7% of US Workforce Amid AI Investments
Microsoft is offering a voluntary retirement program to 7% of its US workforce, targeting employees aged 70 or older with significant years of service. This move follows substantial AI investments, including $37.5 billion spent on AI infrastructure in the previous quarter. The decision has led to a 4% drop in Microsoft's stock price.
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Topics: AI investment layoffs Microsoft voluntary retirement workforce restructuring