Microsoft wants to cut up to 60,000 employees with one big employee buyout
By now, it's no secret that the large tech companies are performing big layoffs. The last round within Microsoft, which left the team behind Halo gutted and replaced with another studio, is still fresh in our minds . Now, Microsoft is asking for up to 60,000 to take an employee buyout as the company continues to downsize.
Microsoft is planning to cut up to 60,000 employees through a voluntary employee buyout (VEO) as the company continues to downsize. The offer, which was recently announced to employees in Canada, India, the United Kingdom, and the United States, provides eligible workers with the option to take a buyout and receive additional support in transitioning to a new career path.
This is a significant change from previous Microsoft initiatives, which only offered such buyouts to employees at or above level 70. The VEO applies to a diverse range of departments, including AI experiences, Copilot, CoreAI, Windows + Devices, Xbox, finance, and human resources teams. Although the exact number of employees offered the buyout is not specified, sources familiar with the announcement suggest that 60,000 individuals have received this opportunity.
Brief written by urgent.news from XDA Developers's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
