Microsoft says it has offered voluntary buyouts to 60,000 employees, about 27% of its global workforce.
The Story
Microsoft has offered voluntary buyouts to 60,000 employees, or about 27% of its global workforce, as it spends heavily on artificial intelligence.
Chief People Officer Amy Coleman said in a blog post Monday that the voluntary exit offer was available to eligible employees in Canada, India, the United Kingdom and the United States.
“The Voluntary Exit Offer is new for us,” Coleman wrote.
She added the company “will learn from it” while continuing to help employees focus on “the work that matters most,” build new skills, and, “where it makes sense, find new opportunities across Microsoft.”
Microsoft has about 223,000 full-time employees, based on its end-of-June numbers.
The company is scheduled to release its quarterly financial performance Wednesday.
In May, Microsoft planned to offer buyouts to about 8,750 people, or 7% of its U.S. workforce, according to information previously reported by unnamed sources.
In July, Microsoft said it was cutting 4,800 jobs, about 2.1% of its global workforce, including a large number of workers at its Xbox video game business.
← More stories