Microsoft invited 60,000 employees to voluntarily resign as part of a cost-cutting campaign. Those who meet the requirements are guaranteed compensation. "Microsoft has offered compensation to about 60,000 employees as part of the company's efforts to cut costs and retrain its workforce for the age of artificial intelligence," reports Bloomberg. If the employees agree to the layoffs, they will also receive benefits similar to regular severance pay. The company currently employs more than 223,000 people. Some employees specializing in data centers, sales, marketing, cyber security and quantum computing are not eligible to participate in the voluntary separation program.

Microsoft invited 60,000 employees to voluntarily resign as part of a cost-cutting campaign. Those who meet the requirements are guaranteed compensation. "Microsoft has offered compensation to about 60,000 employees as part of the company's efforts to cut costs and retrain its workforce for the age of artificial intelligence," reports Bloomberg. If the employees agree to the layoffs, they will also receive benefits similar to regular severance pay. The company currently employs more than 223,000 people. Some employees specializing in data centers, sales, marketing, cyber security and quantum computing are not eligible to participate in the voluntary separation program.