Microsoft Reports Offering Buyouts to Approximately 60,000 Employees
Microsoft is reportedly offering voluntary buyouts to roughly 60,000 employees as part of a strategic restructuring aimed at reducing costs and pivoting the workforce toward artificial intelligence. The offer targets employees at the vice president level and below across specific teams in the United States, Canada, India, and the United Kingdom. According to internal communications from Chief People Officer Amy Coleman, the initiative is designed to provide flexibility for staff considering transitions outside the company. While many roles are eligible, certain departments—including data center operations, sales, and marketing—are reportedly excluded from this round of voluntary exits.
Tickers: $MSFT
Topics: AI restructuring Cost cutting Workforce reduction
Read the full article at TechCrunch
Part of the story Microsoft Announces Voluntary Buyout Program for Up to 60,000 Employees (5 articles)