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Microsoft offers new voluntary retirement plan to about 60,000 employees

TechnologyInternationalBioBioChile40 s readAI summary
Image: BioBioChile

Microsoft proposed a new voluntary retirement plan to about 60,000 employees in the United States, Canada, India and the United Kingdom, a quarter of its workforce, the company said. The offer applies to positions from vice president downward and excludes some groups, such as data center, sales and marketing employees. Those who accept will receive conditions comparable to a standard severance package. The company aims to cut costs while investing up to $41 billion in the April-to-June quarter, largely in data centers and chips for AI.

In 40 seconds

  • The plan covers about 60,000 employees in the US, Canada, India and the UK, a quarter of the workforce.
  • It applies to positions from vice president downward; some data center, sales and marketing employees are excluded.
  • Those who accept will receive conditions comparable to a standard severance package.
Read the full story at BioBioChile

IASummary generated by artificial intelligence from a story by BioBioChile. It may contain errors: the original source prevails.

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