Microsoft is offering voluntary retirement to approximately 7% of its US workforce, marking its first such program in 51 years. This softer approach, unlike previous layoffs, aims to manage costs and reputation amid stock price pressure and AI infrastructure spending. The offer, based on an age and tenure formula, provides a choice for eligible employees. Microsoft is offering voluntary retirement to approximately 7% of its US workforce, marking its first such program in 51 years. This softer approach, unlike previous layoffs, aims to manage costs and reputation amid stock price pressure and AI infrastructure spending. The offer, based on an age and tenure formula, provides a choice for eligible employees.
Trending
- Raghav Chadha-led exodus jolts AAP; party races to recalibrate strategy: What next?
- IPL: KL Rahul poised to overtake MS Dhoni, need 13 runs to…
- Is Iran running out of options? Secret letter to Khamenei flags cracks in ‘resistance’ strategy
- Netanyahu accuses Hezbollah of ‘sabotaging’ Lebanon peace push
- 4 girlfriends, 12-page death note: How Bengaluru techie allegedly drove fiance to suicide
- Cub, adult tiger found dead in Kanha Tiger Reserve, Balaghat; toll rises to 23 in MP
- When Harbhajan and Zaheer threw Sachin Tendulkar into a Jacuzzi
- How Shreyas’s form fueling his rise in India’s T20I leadership scheme