Microsoft launches voluntary exit program for 60,000 staff
Microsoft announced on Oct 26 that it was launching a voluntary exit program for roughly 60,000 employees in the United States, Canada, India and the United Kingdom. Business Insider reported that the offer provided severance packages similar to those used in earlier layoffs. NDTV noted that the program covered about a quarter of the company's global workforce as it redirected spending toward artificial-intelligence initiatives.
Nine. com. au said the move was part of a broader restructuring effort.