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Microsoft will offer buyouts to about 60,000 workers, part of the company’s efforts to trim costs and retool its workforce for the artificial intelligence era. #AI #tech #jobs #Microsoft #jobmarket
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Microsoft is offering a Voluntary Exit Offer to about 60,000 employees, roughly a quarter of its staff (the figure Microsoft gave GeekWire). It covers level 70 and below on participating teams in the U.S., Canada, India and the U.K. The package is standard severance, decisions are due in early December and leavers go Dec. 31 (CNBC). The catch: a Microsoft spokesperson told The Seattle Times it expects as few as 3% to 5% to accept, and Microsoft told GeekWire the offer is not a replacement for la
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