Microsoft to offer buyouts to 60,000 workers in latest cost cut
New Delhi, Oct. 27 -- Microsoft Corp. will offer buyouts to about 60,000 workers, part of the company's efforts to trim costs and retool its workforce for the artificial intelligence era.
Personnel on select teams in the US, Canada, India and the UK at a vice president level and below will be eligible, said a Microsoft spokesperson. Certain pools of employees, including some focused on data centers, sales and marketing, aren't eligible, the spokesperson said.
"This offer gives eligible employees who may be considering a future outside the company a new choice to make that transition now with support," Chief People Officer Amy Coleman said in a note to workers Monday. Workers will receive benefits similar to a standard severance package,...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.