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Microsoft offers 60,000 employees voluntary buyouts in effort to slash a quarter of its workforce
🇬🇧 United Kingdom · Economy · 5 h ago
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Amy Coleman, the company's executive vice president and chief people officer, stated in an internal memo that the initiative is intended to provide greater flexibility for employees while allowing the organization to adapt to evolving needs .
Copilot, CoreAI, Windows + Devices, Xbox, finance and HR are among those taking part, while Cloud + AI and Microsoft AI are partially in.
“The Voluntary Exit Offer is new for us,” Coleman wrote.
Microsoft announced a voluntary buyout program for employees at experience level 70 and below, offering severance terms similar to standard packages to reduce headcount without involuntary layoffs.
Chief People Officer Amy Coleman said in a blog post Monday that the company's voluntary exit offer was available to eligible employees in Canada, India, the United Kingdom and the United States.
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Microsoft Launches Voluntary Buyout Program for 60,000 Employees
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Microsoft offers buyouts to 60,000 employees in India, US, UK and Canada; HR head Amy Coleman tells staff: Eligible employees will receive an email with…
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