Microsoft Announces Voluntary Buyout Program for Approximately 60,000 Employees
Microsoft has launched a new voluntary exit program targeting employees with an experience level of 70 or below in the United States, Canada, India, and the United Kingdom. According to sources familiar with the matter, approximately 60,000 workers are eligible for these buyouts. The move follows a previous voluntary retirement program announced in April that targeted roughly 7% of the U.S. workforce. This restructuring comes as Microsoft aggressively increases capital expenditure on data centers to meet the surging demand for artificial intelligence services provided to clients like OpenAI and Anthropic, which has placed increased pressure on the company's finances.
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Topics: cost management layoffs voluntary exit program workforce reduction
Part of the story Microsoft Announces Voluntary Buyout Program for Up to 60,000 Employees (5 articles)