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Microsoft Offers Soft Landing While Others Lay Off In The Age Of AI [Yahoo! Finance]
Last microsoft corporation earnings: 4/29 04:06 pm
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US:NASDAQ Investor Relations: microsoft.com/en-us/investor
In its 51-year history, Microsoft has never offered employees a voluntary buyout. That changed Thursday, when the company announced a one-time voluntary retirement program for U.S. workers at the senior director level and below whose age and years of service add up to 70 or more. About 7% of its U.S. workforce, roughly 8,750 out of 125,000 employees, would be eligible, according to CNBC. Those who qualify have 30 days to decide once notified on May 7. Voluntary retirement programs are standard in industries like telecom and manufacturing but virtually unheard of in big tech. Microsoft itself cut more than 15,000 employees last year. This program offers a different, repeatable approach: long-tenured employees get a structured, supported exit with financial benefits and extended healthcare rather than a pink slip. Why Microsoft's Decision Matters For Big Tech The AI era is creating enormous pressure on tech companies to restructure. Microsoft has been pouring billions into data c
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