Fast Company
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Microsoft wants thousands of employees to leave, and it’s willing to pay them to do it
Microsoft is offering a voluntary exit program to a significant portion of its global workforce. This program provides financial support for eligible employees considering leaving the company. Approximately 60,000 Microsoft employees, over 25% of the total workforce, are expected to receive this offer. The voluntary exit offer is a new initiative for Microsoft, with plans to learn from its implementation. Employees in the U.S., U.K., Canada, and India on specific teams were notified via email. Eligibility for the buyout varies by business unit, with AI, Copilot, HR, finance, Windows, and Xbox teams included, while security and marketing are excluded. This move is part of Microsoft's broader strategy to reduce its workforce size amidst substantial investments in AI. The company is projecting massive capital expenditures for AI in the coming years. This follows a smaller buyout offer extended to senior employees in April and recent layoffs in the commercial sales and Xbox divisions. Microsoft aims to help employees focus on important work and find new opportunities.