Microsoft launches large-scale voluntary buyouts to about 60,000 employees

About 60,000 Microsoft workers, equal to about a quarter of its global staff, are set to receive voluntary buyout offers from the company. This comes amid attempts to reduce costs while pouring money into AI spending. Chief People Officer Amy Coleman announced the program in a memo to employees on Monday. Microsoft calls the program the Voluntary Exit Offer. The offer has been announced only two days before the company reports its quarterly earnings, and after thousands of job cuts earlier this year. Who can apply and who is excluded The offer is open to employees ranked level 70 or below. This includes general managers and some vice presidents, but not corporate vice presidents. Employees on participating teams in the US, Canada, India and the UK are also eligible.

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