Microsoft offers buyouts to 60,000 employees
Microsoft is offering voluntary buyouts to up to 60,000 employees across the US, UK, Canada, and India. In a message to employees, Microsoft chief people officer Amy Coleman writes that this gives staff members "the opportunity to leave Microsoft with financial support and career planning resources" as the company looks to trim staff without another […]
Microsoft is expanding its voluntary buyout program to 60,000 employees across the US, UK, Canada, and India. The company's chief people officer, Amy Coleman, stated that this initiative offers staff members "the opportunity to leave Microsoft with financial support and career planning resources" as the company aims to trim staff without another round of layoffs.
Employees from various divisions, including AI experiences, Copilot, CoreAI, Windows + Devices, Xbox, finance, and human resources, are eligible for the voluntary exit offers. However, teams like marketing, commercial business, discovery, quantum, and security are not participating. This new offer differs from a previous voluntary retirement program for long-serving employees and is not based on age, length of service, or performance.
Written by urgent.news from The Verge's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 4 other outlets
- Microsoft offers buyouts to around 60,000 employees, reports say techcrunch.com
- Microsoft offers buyouts to ~60K workers at VP level and below across teams in the US, Canada, India, and the UK; its headcount at the end of June was 223K (Bloomberg) bloomberg.com
- Microsoft offers voluntary exit to 60K employees in India, 3 other nations business-standard.com
- Microsoft offers voluntary buyouts to 60,000 employees cnbc.com
