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Microsoft plans first-ever voluntary employee buyout for up to 7% of U.S. workforce
The program covers a small percentage of U.S. staff and comes as Microsoft also simplifies pay levels and stock awards for managers.
- On Thursday, Microsoft announced its first-ever voluntary retirement program for U.S. employees in the company's 51-year history, targeting workers at the senior director level and below.
- Following several rounds of layoffs that cut 9,000 jobs last summer, the software giant is navigating significant industry shifts sparked by the artificial intelligence boom.
- Eligible U.S. workers must have combined age and tenure totaling 70 or higher; the program applies to 7% of the U.S. workforce, or about 8,750 employees.
- Microsoft is also adjusting annual rewards, simplifying pay levels from nine to five. HR chief Amy Coleman wrote that "managers have more flexibility to meaningfully recognize high performance."
- Technology peers like Alphabet, Amazon, and Anthropic are also adapting to market pressures as Microsoft continues ramping up capital spending on data centers for generative AI models.
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72 Articles
Microsoft to offer voluntary retirement to thousands of US employees for the first time
Microsoft is offering about 7% of its US workforce the option to retire early, the latest attempt by a major tech firm to downsize while ramping up artificial intelligence investments.
MS Launches First Large-Scale Voluntary Retirement Program Amid Growing Market Concerns Over the Performance of AI Investments, Microsoft is implementing a voluntary retirement program affecting thousands of employees for the first time since its inception. According to foreign media outlets such as CNBC on the 23rd (local time), MS recently... employees in the U.S.
The technology giant Microsoft intends to launch for the first time a voluntary retirement program for a part of its employees in the United States, in a context marked by major changes in the industry generated by the advance of artificial intelligence, CNBC broadcasts.
Microsoft Proposes Historic Voluntary Buyout Package to Thousands of US Staff, Check Details | 📲 LatestLY
Microsoft has launched its first-ever voluntary buyout for US staff, targeting long-tenured employees via a 'Rule of 70' eligibility formula. As the company spends USD 140 billion on AI infrastructure, the program offers a graceful exit for veterans while freeing up resources for AI-focused talent and simplified performance reward structures. 📲 Microsoft Proposes Historic Voluntary Buyout Package to Thousands of US Staff, Check Details.
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