Microsoft, the buyouts
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Following the recent wave of tech layoffs, the company is giving some employees the option to take a voluntary buyout.
Shares of Microsoft (NASDAQ:MSFT | MSFT Price Prediction) are down roughly 4% in Thursday afternoon trading, sliding to $415 from a prior close of $432.92. It’s the software giant’s worst session since early February,
Microsoft has announced its first voluntary employee buyout in its 51-year history, offering early retirement packages to about 8,750 U.S. workers as it ramps up AI investments. The program targets senior director-level staff and below whose age plus years ...