Microsoft offers voluntary retirement program to some 60,000 employees
The tech giant is offering a retirement track to about 27% of its workforce, which will impact key divisions like Copilot, Xbox, and Windows.
Microsoft has announced a voluntary retirement program targeting approximately 60,000 employees, or 27% of its workforce, according to a Business Insider report based on statements from a company spokesperson. The initiative is expected to impact key divisions such as artificial intelligence experience development, Copilot, finance, human resources, Xbox, and Windows + Devices.
However, units like marketing, commercial business, and security will be excluded from the program. Eligible employees in participating teams in Canada, India, the UK, and the US, who hold a grade of 70 or below, are invited to participate. Microsoft emphasized that the offer is time-limited and based on insights from a previous voluntary retirement program the company previously conducted.
Brief written by urgent.news from Jerusalem Post Tech & Start-Ups's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
