Microsoft offers to buy out a quarter of its workforce
Employees in the US, Canada, India, and the UK may receive offers to leave MS today.
TL;DR
- Microsoft is offering voluntary buyouts to roughly 60,000 employees, about 25% of its global workforce.
- The offers are extended to eligible employees in the United States, India, Canada, and the United Kingdom.
- Employees at internal ranking level 70 or below are eligible for the Voluntary Exit Offer (VEO).
- This is Microsoft's second major voluntary workforce reduction effort in 2026, following an earlier retirement package offer.
- The VEO aims to manage costs amid significant investments in AI infrastructure and data center development.
- This move appears similar to voluntary exit packages offered by Alphabet (Google) in recent times.