Microsoft offers voluntary buyouts to 60,000 staff

Microsoft offered voluntary buyouts to approximately 60,000 staff at level 70 and below in the US, Canada, India, and the UK. The time-limited program required employees to decide by early December, with exits planned for the end of the year, marking the company's third major workforce reduction this year following earlier cuts of 9,000 and 4,800 positions. The Verge reports this is the first time Microsoft has presented such an offer to so many employees, expanding greatly upon the earlier retirement offer limited to around 9,000 employees, with CEO Nadella stating the goal is to lower total personnel costs while increasing per-person cost and GPU resource efficiency.

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   Microsoft offers voluntary buyouts to 60,000 staff

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