Microsoft Offers Voluntary Exit Packages To Around 60,000 Employees

Microsoft is offering voluntary exit packages to approximately 60,000 employees across the US, Canada, India, and the UK, representing 27% of its workforce. This initiative allows staff to receive payment to leave voluntarily before potential layoffs occur. The offer comes amid massive AI investments and headcount reductions at Xbox. Eligible employees must make their decision by December, with those who accept the buyout scheduled to depart the company on December 31.