India, April 23 -- Microsoft is rolling out voluntary buyouts for some of its U.S. employees, a first for the 51-year-old tech giant as it adjusts to the rapid advancements in artificial intelligence.
This one-time retirement program is open to eligible workers at the senior director level and below who have a combined age and years of service totaling at least 70.
About 7 percent of Microsoft's U.S. workforce meets this criterion, as per a source familiar with the situation. Employees will receive detailed information on May 7, but those on sales incentive plans won't qualify.
This initiative comes as Microsoft increases its spending on data centers to meet the rising demand for AI-driven cloud services, a trend that's also being seen i...