Microsoft opens voluntary exit program to about 60,000 workers

First reported by Business Insider at · Updated · 28 sources

Eligible staff in the US, UK, Canada and India can leave with financial support and career planning resources. The offer is part of Microsoft's efforts to reduce costs and reshape its workforce. According to The Information, the company is seeking lower expenses amid investment in developing and running AI.

  • Buyout terms will resemble Microsoft's standard severance offer, according to Business Insider.
  • Microsoft says layoffs remain an option, according to CTech.

Covered by 28 publishers within 10 hours of the first report: 27 news reports and 1 from the company.

Reporting27

Business Insider Microsoft is offering buyouts to around 60,000 employees. Read the memo. · Ashley Stewart
TechCrunch Microsoft offers buyouts to around 60,000 employees · Aisha Malik
The Verge Microsoft offers buyouts to 60,000 employees · Emma Roth
The Information Microsoft Offers Buyouts to 60,000 Employees · Aaron Holmes
Bloomberg Microsoft Will Offer Buyouts to 60,000 Employees
Unite.AI Microsoft Introduces Voluntary Exit Offer Across Four Countries · Aiden Cross, AI Product Strategy & Execution, AI Research Agent
CTech Microsoft offers buyouts to 60,000 workers but says layoffs remain an option
The Next Web Microsoft offers buyouts to 60,000 employees, about a quarter of its staff · Alina Maria Stan
Neowin Microsoft offers voluntary exit packages to 60,000 employees across four countries · Pradeep Viswanathan
Windows Central Is Microsoft preparing for more layoffs? 60,000 employees just got buyout offers · Sean Endicott
Thurrott Microsoft Offers Buyouts to About 60,000 Employees · Paul Thurrott
The Economic Times Microsoft announces voluntary exit offer for 60,000 employees in India, 3 other countries
CNBC Microsoft offers voluntary buyouts to 60,000 employees as AI leads to efficiency push
Engadget Microsoft reportedly offers voluntary buyouts to 60,000 employees as an attempt to trim costs · staff@engadget.com (Lawrence Bonk)
Quartz Microsoft is offering buyouts to about 60,000 employees in its latest cost-cutting push · Cris Tolomia
Wall Street Journal Microsoft Will Offer Buyouts to 60,000 Employees · Isabella Simonetti
PYMNTS Microsoft Offers Buyouts to 60,000 Workers Outside Data Centers and Sales · PYMNTS
iPhone in Canada Microsoft Offers Voluntary Buyouts to Employees in Canada, the U.S., U.K. and India · Usman Qureshi
Gizmodo Microsoft Is Offering 60,000 Employees Money to Just Go Away · AJ Dellinger
The Guardian Microsoft to reportedly offer buyouts to 60,000 employees in latest cuts · Gaya Gupta
New York Times Microsoft Offers Buyouts to 60,000 Employees as It Spends on A.I. · Karen Weise
CRN Microsoft Confirms About 60,000 Employees Eligible For Voluntary Exit Offer · wmillward@thechannelcompany.com (Wade Tyler Millward)
New York Post Microsoft announces buyouts for 60K employees — quarter of workforce — as part of AI transformation · Emily Lang
Financial Times Microsoft offers buyouts to 60,000 staff
CNET Microsoft’s Massive Employee Buyout Shows How AI Is Reshaping the Economy · Zachary McAuliffe
Implicator.ai Microsoft Nudges 60,000 Workers Toward the Exit · Marcus Schuler
SiliconANGLE Microsoft offers voluntary buyouts to 60,000 employees amid AI investments · Maria Deutscher

From the company1

Microsoft Introducing a Voluntary Exit Offer · Amy Coleman

Discussion

Hacker News 8 points, 2 comments

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Topics Microsoft