"The program will be available to U.S. workers at the senior director level and below whose employment years and age add up to at least 70. Employees with sales incentive plans are ineligible."
"This move comes on the heels of massive layoffs across the industry, including several rounds at Microsoft itself, as tech giants increase spending on data centers to support rapidly advancing generative AI demands."
"Internally, Microsoft has restructured personnel to focus on the company's AI goals, with CEO Satya Nadella delegating oversight to allow for a concentrated effort on AI advancements."
Microsoft announced a voluntary buyout program for U.S. employees at the senior director level and below, with eligibility based on age and years of service. The initiative is a response to industry shifts towards artificial intelligence and follows significant layoffs at the company. Approximately 7% of the U.S. workforce may qualify. Microsoft is also restructuring to focus on AI goals and changing its annual rewards distribution process to better reward high-performing employees.
Read at Fast Company
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