Microsoft offers buyout for up to 7% of U.S. employees | TechCrunch
Briefly

Microsoft offers buyout for up to 7% of U.S. employees | TechCrunch
"Employees will be eligible for the buyout if their years of work at Microsoft plus their age totals 70 or more, with some exceptions."
"This move gives Microsoft an opportunity to reduce its headcount in a manner less abrasive than mass layoffs."
"Over the last few years, Microsoft has weathered several rounds of layoffs, affecting thousands of employees - most recently, the company cut 9,000 jobs last summer."
"The buyouts would reportedly apply to 7% of the U.S. workforce, which amounts to about 8,750 employees."
Microsoft is introducing voluntary retirement buyouts for the first time in its history, allowing employees whose age and years of service total 70 or more to qualify. This initiative aims to reduce headcount more gently than mass layoffs, following previous job cuts affecting thousands. The buyouts could impact approximately 8,750 employees, representing 7% of the U.S. workforce, which numbered around 125,000 as of June. This strategy reflects a shift in how the company manages workforce reductions.
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