Voluntary Retirement Program
Coverage of Voluntary Retirement Program in the Nexus archive.
- Here's what Microsoft is offering laid-off employees in severance
Microsoft is offering laid-off US employees up to 39 weeks of base pay as severance, with variations based on seniority and tenure. The company announced plans to lay off around 4,800 employees, primarily affecting sales and Xbox gaming teams.
- Microsoft plans another round of job cuts, impacting thousands of roles
Microsoft is planning to announce job cuts affecting thousands of roles, including sales, consulting, and Xbox gaming division positions, as part of cost-control measures amid increased AI spending. The cuts will impact less than 2.5% of the company's 220,000-person workforce, making this round smaller than layoffs in previous years.
- Microsoft offers voluntary retirement to long-serving employees
Microsoft is introducing a one-time Voluntary Retirement Program for long-serving U.S. employees, marking the first such initiative in the company's 50+ year history. The program, announced by HR chief Amy Coleman, aims to support employees considering a career transition.