India, April 25 -- Tech giant Microsoft is set to offer voluntary buyouts to some of its U.S. employees - a first-of-its-kind move in the company's history - as the software major adapts to rapid industry changes driven by artificial intelligence.

Around 7% of Microsoft's U.S. workforce is reportedly eligible for the one-time retirement program, according to a person familiar with the matter cited by CNBC.

Eligible employees and their managers are expected to receive detailed information on May 7.

However, employees working under sales incentive plans will not be allowed to participate, the report said.

In addition to the buyout plan, Microsoft is also revising its employee compensation structure. The company will no longer require ma...