Microsoft is initiating its first-ever voluntary employee buyout program, offering retirement to approximately 7% of its U.S. workforce. This move, announced via memo, targets employees whose age and years of service total 70 or more, excluding some senior roles. The company is also adjusting stock reward distribution and simplifying manager review processes. Microsoft is initiating its first-ever voluntary employee buyout program, offering retirement to approximately 7% of its U.S. workforce. This move, announced via memo, targets employees whose age and years of service total 70 or more, excluding some senior roles. The company is also adjusting stock reward distribution and simplifying manager review processes.
Trending
- ‘I’m the one that kept it closed’: Trump says he blocked Hormuz reopening; rejects rushing Iran deal
- Indian man in Michigan, convicted of sexual abuse of children, arrested by ICE; student visa was revoked in 2024
- Co-produce with India nich technologies like radar, sensor AI-enabled UAVs: Rajnath to German cos
- Space dominance key to future warfare, says CDS; DRDO chief urges whole-of-nation push
- US identifies 384 foreign-born Americans who will soon lose citizenship: Report
- Streamer N3on admits paying $1.4 million to clippers to make his content go viral
- Indian Navy lists Hormuz as ‘primary area’ of interest, one of the key ‘choke points’
- US justice department launches probe into Epstein files handling