Job cuts, retirement plan, voluntary exits: What’s going on at Microsoft?
Microsoft has initiated a voluntary exit program for approximately 60,000 employees across several countries, including India, the US, and the UK. This restructuring occurs despite the company reporting strong financial growth, as it shifts its focus toward artificial intelligence and evolving workforce needs.
Why it matters
The move highlights a broader trend in the tech industry where profitable companies are aggressively restructuring their workforces to pivot toward AI-driven business models.
Chennai The story so far: Microsoft has introduced a voluntary exit offer for eligible employees in India, the United States, the United Kingdom and Canada, as the technology giant expands its artificial intelligence (AI) business and changes how work is organised. Microsoft offers voluntary exit packages to 60,000 staff, with some Indian teams eligible storyline 1 In an October 26 announcement, Amy Coleman, Microsoft’s executive vice-president and chief people officer, said the offer would give eligible employees considering leaving the company financial support and career-planning resources. The programme is available to employees in selected teams, with participation depending on business priorities, customer commitments and workforce needs. The latest offer follows two earlier workforce measures, such as the elimination of around 4,800 roles and a Voluntary Retirement Program in which more than 30% of eligible employees chose to participate. In a July 6 statement, Ms.
Also covering this story
2 other newsrooms covered this event. We read each version separately.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in