Microsoft’s Voluntary Buyout Program will be applicable in India, America, Britain and Canada
Microsoft offers voluntary exits to 60,000 employees: Global tech giant Microsoft has launched Voluntary Buyout Program for its employees in 4 countries including India. Under this program employees will be given option to leave their jobs with company assistance.
According to Reuters, around 60, 000 employees can be covered under this program, representing more than a quarter of the company’s total global workforce. Microsoft’s move comes amid company’s rapidly increasing investment in Artificial intelligence. Additionally seeking to control rising costs and adjust its workforce and organizational structure to meet changing needs.
Microsoft’s Voluntary Buyout Program will be applicable in India, America, Britain and Canada. Under this eligible employees of selected teams under level 70 or below will be given option to leave the organization. This program is for limited time period only. Detailed information will be provided within few hours after announcing names of eligible candidates, company said.
ALSO READ: Arnab Update: Schools to remain closed in four districts
This program will be applicable to employees under multiple departments like AI experience, Copilot, Finance, Human Resources, Xbox and Windows+ Devices. Marketing, Commercial business and security teams are excluded from this program.
