Microsoft will reportedly invite 7% of their US workers to retire early, as the Xbox division talk up "strong cost discipline"
Microsoft is reportedly offering a voluntary early retirement program to approximately 7% of its US-based employees, targeting those at senior director level and below whose age and years of service total 70 or more. This initiative, aimed at achieving 'strong cost discipline' within the Xbox division and the wider company, follows previous rounds of layoffs. Executive VP Amy Coleman stated the program offers eligible employees a choice for their next step with company support.
- Entities
- Company: Microsoft
- Platform: Xbox
- Topic: Cost Cutting
- Topic: Layoffs
- Person: Amy Coleman
- Topic: Generative AI
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