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Microsoft is looking to cut more than 25% of its workforce
An employee buyout offer is reportedly being extended to roughly 60,000 Microsoft employees in the US, UK, India, and Canada. Microsoft has announced a new "voluntary exit offer" aimed at making drastic cuts to its headcount.
AI Summary
Microsoft is extending a voluntary exit offer that targets roughly 60,000 employees across its U.S., U.K., India and Canada operations. The buyout proposal is intended to achieve drastic headcount reductions, with the eligible staff representing about 27 % of the company’s total workforce. The move signals a significant workforce contraction as part of Microsoft’s broader restructuring effort.
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