Microsoft is offering voluntary buyouts to about 60,000 employees, a quarter of the company
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In context: Microsoft's layoff surge, which has impacted tens of thousands of workers since 2023, accelerated earlier this year as the company focused on AI spending. Months after offering voluntary buyouts to a small percentage of its workforce, Microsoft has now expanded the practice to a scale that might dwarf prior layoff rounds from the past several years.
Microsoft recently announced a new voluntary exit offer for employees at level 70 and below in certain countries. Sources told CNBC that this group includes about 60,000 workers, a substantial increase in scope compared with the buyout offers that began in April.
The time-limited offer, which includes financial support and employment assistance services, is available to members of certain Microsoft organizations based in the US, Canada, India, and the United Kingdom. The 60,000 eligible workers...
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