Microsoft Offers Voluntary Exit Package to Around 60,000 Employees in Four Countries
Microsoft has introduced a Voluntary Exit Offer (VEO) for eligible Level 70 and below employees in the US, Canada, the UK, and India, covering around 60,000 staff. Decisions are due by early December.
Microsoft announced a Voluntary Exit Offer (VEO) targeting Level 70 and below employees in the US, Canada, the UK, and India, covering roughly 27% of its global workforce. According to CNBC, departments can decide participation based on business needs, and specific severance figures remain undisclosed. The move comes as Microsoft expands AI data center investments and adjusts staffing alongside internal AI tool adoption.
Key takeaways
- Eligible employees in the four countries must decide by early December, with departures set for December 31.
- Following an April buyout and July layoffs of 4,800 staff, this marks Microsoft's third major workforce adjustment this year.
Source:iThome Read the original ↗
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