Voluntary Exit Offer
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Xbox Workers Are Eligible For Buyouts As Part Of Huge Shakeup At Microsoft
Microsoft is offering a Voluntary Exit Offer to thousands of employees across various divisions, including Xbox, as part of a significant shakeup. This program allows eligible workers to leave with a pay package, with over 25% of the company's workforce potentially affected. The announcement comes ahead of Microsoft's earnings report, amidst a massive AI investment push and following previous layoffs and a voluntary retirement program.
Microsoft is looking to cut more than 25% of its workforce
Microsoft has announced a voluntary exit offer to its employees in the US, UK, India, and Canada, potentially cutting over 25% of its workforce. This move is part of the company's strategy to balance spending on AI services and adapt its workforce to changing needs. Employees who accept the offer will leave on December 31.
