Microsoft Introduces Voluntary Exit Program for Employees in Four Countries
Microsoft offers voluntary exit program to eligible employees in Canada, India, UK and US
Microsoft has launched a voluntary exit program for staff in Canada, India, the UK and the US, Anadolu Agency reported.
The program is open to employees at level 70 and below in certain teams, with participation varying by organization based on business priorities and workforce needs.
Microsoft's chief people officer, Amy Coleman, said the Voluntary Exit Offer is a time-limited opportunity for staff considering leaving the company.
The offer is available to employees in teams such as AI Experiences, Copilot, CoreAI, Windows + Devices, Xbox, finance and human resources, although some teams are only partially participating or excluded.
The program could potentially affect up to 60,000 employees, according to a report by tech news outlet The Verge, which cited unnamed sources.
This move follows Microsoft's earlier round of layoffs, which saw 4,800 jobs cut primarily in Xbox and commercial sales.
The company had also introduced a voluntary retirement program earlier this year, covering approximately 9,000 US employees.
Microsoft, one of the world's largest tech companies, has been undergoing significant restructuring in recent years.
The company's efforts to streamline operations and focus on key growth areas have led to workforce adjustments.
What's Next
The impact of the voluntary exit program on Microsoft's workforce and operations remains to be seen, and industry analysts and stakeholders are closely watching the company's future plans and strategies.