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News Wire / technology

Microsoft Voluntary Retirement Program Costs $900 Million

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Microsoft is planning its first-ever voluntary employee buyout targeting up to 7% of its U.S. workforce. The company has been increasing capital spending on data centers to meet growing cloud computing demands. This move follows recent large-scale layoffs within the tech sector. This figure represents a fraction of Microsoft's most recent quarterly profit of nearly $32 billion. About 7% of the company's US-based employees are eligible for the buyout program.

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layoffs retirement Microsoft

Developing

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Sources · 7 independent

Zhihu Trending

“微软首席人事官艾米·科尔曼在致员工的备忘录中推出了一项自愿退休计划,此举旨在为数千名长期任职的美国员工提供一个离职机会”

KIRO FM Seattle

“Microsoft just announced an early retirement buyout program right before their earnings call.”

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KIRO FM Seattle

“Microsoft CEO Amy Hood laid out the numbers during Wednesday's earnings call. Roughly $900 million in one time costs for the recently announced voluntary retirement program.”

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