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Microsoft offers voluntary buyouts to around 60,000 employees in AI-driven cost cuts
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Microsoft is offering voluntary buyouts to around 60,000 employees, according to reports from Business Insider and Bloomberg, marking the company's latest effort to cut costs and rework its workforce for AI. Eligible employees at the vice president level and below on select teams in the U.S., Canada, India, and the U.K. can take part, while some groups, including data center, sales, and marketing staff, are excluded. Chief People Officer Amy Coleman told employees in a Monday note that the Voluntary Exit Offer creates greater flexibility and gives eligible workers considering a future outside the company a supported way to transition now. Those who accept will receive benefits similar to a standard severance package. Earlier this year, Microsoft offered buyouts to retirement-age employees, with more than 30% of roughly 8,750 eligible workers accepting. Microsoft did not immediately respond to TechCrunch's request for comment.
Source report
Microsoft is offering buyouts to around 60,000 employees, according to reports from Business Insider and Bloomberg. The move marks Microsoft's latest efforts to cut costs and rework its workforce for AI.
Eligibility
Employees at the vice president level and below on select teams in the U.S., Canada, India, and the U.K. will be eligible, the reports say. Some employees, including those working in data centers, sales and marketing, are excluded.
Company Statement
Microsoft's Chief People Officer Amy Coleman sent a note to employees on Monday about the buyouts.
"The Voluntary Exit Offer reflects an important part of how we're evolving our approach to change: creating greater flexibility and, where possible, more ways for employees to shape their next chapter," the note reads. "This offer gives eligible employees who may be considering a future outside the company a new choice to make that transition now with support."
Benefits and Prior Buyouts
Employees who choose the offer will receive benefits similar to those offered in a standard severance package, the reports say. Earlier this year, Microsoft offered buyouts to retirement-age employees, with more than 30% of the roughly 8,750 eligible workers accepting.
Microsoft did not immediately respond to TechCrunch's request for comment.
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Microsoft offers voluntary buyouts to about 60,000 employees in AI-era cost cut