Microsoft announced its first-of-its-kind voluntary buyout p
Microsoft announced its first-of-its-kind voluntary buyout program. Here are the key details:
The Scope: Approximately 8,750 employees (7% of its 125,000 U.S. staff) are eligible.
The Criteria: The program specifically targets long-tenured employees. Eligibility is generally based on the "Rule of 70"—where an employee's age plus their years of service at Microsoft must equal 70 or more.
The Purpose: While the company is not in financial distress, it is aggressively pivoting. Executives are aiming to "offset" the billions being spent on AI data centers and new technology.
#Microsoft #fired #Layoffs #AI
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Why the companies hiring and firing If the technology is based by AI.
The company is following AI .
The 70th rule is not for all good. After 70 years, the Microsoft rules do not work here.
After launching AI companies started firing the employees!
Queer 🌈