Microsoft offers buyouts to 60,000 employees
Microsoft is providing voluntary exit packages to approximately 60,000 employees globally, representing a significant workforce reduction effort. The offer, announced by chief people officer Amy Coleman, includes financial support and career planning resources. This follows an earlier voluntary retirement program that saw higher uptake and comes as the company continues to restructure its workforce without formal layoffs.
Key points
- Affects 60,000 employees across US, UK, Canada, and India
- Includes financial support and career planning resources
- Follows earlier voluntary retirement program with higher acceptance rates
- Part of broader workforce cost-cutting strategy
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- Microsoft Offers Buyouts to 60,000 Employees