General Tech
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 as part of a restructuring effort. The offer is open to employees from various teams, including AI experiences, Copilot, and Windows + Devices, but excludes marketing, commercial business, and security teams. This comes after a previous layoff of 4,800 employees, with Xbox CEO Asha Sharma reportedly planning new rounds of layoffs. The voluntary exit offer is different from a previous retirement program offered to long-serving employees. The company aims to help staff members leave with financial support and career planning resources, allowing them to focus on important work, build new skills, and find new opportunities within the company.
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