Microsoft offers buyout for up to 7% of U.S. employees
TechCrunch·3h ago·Neutral
What Happened
Microsoft announced its first-ever voluntary retirement buyout program for U.S. employees, reportedly affecting up to 7% of its workforce. Eligible employees must have combined age and service years totaling 70 or more. The program offers an alternative to layoffs, following previous job cuts including 9,000 positions last summer. Microsoft employs approximately 125,000 workers in the United States.
Key Entities
MicrosoftUnited Statesvoluntary retirement buyout125,000 employees7% workforce