The Canada Brief

Tech · 8 d ago

Microsoft campus in Redmond, Washington

Jonathan Schilling · CC BY-SA 4.0 · Wikimedia Commons

Microsoft offers buyouts to about 60,000 employees, reports say

Employees eligible, per reports

60,000 employees

Around 60,000 employees are eligible for the offer, according to reports, part of Microsoft's effort to cut costs and rework its workforce for AI.

And us?

Employees at vice-president level and below on select teams in the U.S., Canada, India and the U.K. are eligible, with some teams excluded.

Microsoft's chief people officer told staff the offer gives employees "a new choice to make that transition now with support".

— Amy Coleman, Microsoft chief people officer

Those who accept get benefits similar to a standard severance package. Earlier this year, more than 30 per cent of about 8,750 retirement-age employees accepted a buyout.