Microsoft announces voluntary retirement program for approximately 60,000 people; suppressing expenses with massive AI investment?
Microsoft announced it will introduce a new voluntary retirement program in the US, UK, Canada, and India that supports money and career development. The targets are those at or below certain job levels in specific departments, and according to reports, it is a scale of approximately 60,000 people, accounting for approximately 27% of all employees. While it is seen as an expense suppression measure amidst continuing massive AI capital investment, the company has not disclosed a relationship with AI investment.
Microsoft announced that it will introduce a new voluntary retirement program in the US, UK, Canada, and India that supports money and career development. The targets are those at or below certain job levels in specific departments.
According to reports, the scale is approximately 60,000 people, accounting for approximately 27% of all employees. While it is seen as an expense suppression measure amidst continuing massive AI capital investment, the company has not disclosed a relationship with AI investment.
This item is a summary. The full, checkable version is at the original source:
Read the original at ITmedia NEWS ↗