Microsoft has offered a quarter of its entire workforce redundancy
Microsoft has announced a voluntary redundancy scheme that could see 60,000 people leave their jobs, which is around a quarter of the company’s entire staff. Executive vice president Amy Coleman announced the Voluntary Exit Offer (VEO) on Tuesday, which she said would give eligible employees in Canada, India, the United Kingdom and the United States the opportunity to leave Microsoft with “financial support and career planning resources”. According to Business Insider, the offer goes to 60,000 employees and is the company’s latest attempt to slim its workforce without involuntary cuts, after heavy spending on AI infrastructure. Read More...
Microsoft has announced a voluntary redundancy scheme that could see 60,000 people leave their jobs, which is around a quarter of the company’s entire staff.Executive vice president Amy Coleman announced the Voluntary Exit Offer (VEO) on Tuesday, which she said would give eligible employees in Canada, India, the United Kingdom and the United States the opportunity to leave Microsoft with “financial support and career planning resources”.
According to Business Insider, the offer goes to 60,000 employees and is the company’s latest attempt to slim its workforce without involuntary cuts, after heavy spending on AI infrastructure.
Read More...
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