The Kobeissi Letter - Microsoft is offering buyouts to 60,000 workers as part of the company’s efforts to cut costs amid AI adoption, per Bloomberg
- Thread starter stanlawj
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Krabs.
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ai is real , can replace human @ desk , they refrained from saying it because can lose votes , must wait until the moment chick finally break out eggshell then tell u the reason for few trillion capex for AI is specifically to replace human , that is capitalism #1 ...... don't believe those wall st wolves keep saying ai bubble
“Amy Coleman, Executive Vice President and Chief People Officer, shared the below communication with Microsoft employees today.
Today, we’re introducing a new Voluntary Exit Offer (VEO) to eligible employees within participating organizations. This offer gives eligible employees who may be considering a future outside the company a new choice to make that transition now with support. It also gives participating organizations another way to adapt their workforce to changing needs.
The Voluntary Exit Offer reflects an important part of how we’re evolving our approach to change: creating greater flexibility and, where possible, more ways for employees to shape their next chapter. This builds on what we learned earlier this year through the Voluntary Retirement Program.
What employees should know
This offer will be available to eligible employees in participating teams in Canada, India, the United Kingdom and the United States at level 70 and below. This is a time-limited, voluntary program that gives those who are eligible the opportunity to leave Microsoft with financial support and career planning resources. Some organizations are providing the Voluntary Exit Offer, and some are not. Participation varies based on each business’s priorities, customer commitments and workforce needs.
Eligible employees will receive an email with a link to their Voluntary Exit Offer details within the next few hours.
Looking ahead
The Voluntary Exit Offer is new for us. We’ll learn from it. At the same time, we’ll keep helping people focus on the work that matters most, build new skills and, where it makes sense, find new opportunities across Microsoft. There is no one-size-fits-all approach for every team or every employee. These are a few of the ways we’re trying to meet different business needs while continuing to create opportunities for our own people to grow and contribute.
My promise is to continue to provide clarity, listen and learn and keep improving.
Thank you for everything you continue to do for our customers, Microsoft and for one another.
- Amy
This Viva Engage post has been edited slightly for external use.”
Today, we’re introducing a new Voluntary Exit Offer (VEO) to eligible employees within participating organizations. This offer gives eligible employees who may be considering a future outside the company a new choice to make that transition now with support. It also gives participating organizations another way to adapt their workforce to changing needs.
The Voluntary Exit Offer reflects an important part of how we’re evolving our approach to change: creating greater flexibility and, where possible, more ways for employees to shape their next chapter. This builds on what we learned earlier this year through the Voluntary Retirement Program.
What employees should know
This offer will be available to eligible employees in participating teams in Canada, India, the United Kingdom and the United States at level 70 and below. This is a time-limited, voluntary program that gives those who are eligible the opportunity to leave Microsoft with financial support and career planning resources. Some organizations are providing the Voluntary Exit Offer, and some are not. Participation varies based on each business’s priorities, customer commitments and workforce needs.
Eligible employees will receive an email with a link to their Voluntary Exit Offer details within the next few hours.
Looking ahead
The Voluntary Exit Offer is new for us. We’ll learn from it. At the same time, we’ll keep helping people focus on the work that matters most, build new skills and, where it makes sense, find new opportunities across Microsoft. There is no one-size-fits-all approach for every team or every employee. These are a few of the ways we’re trying to meet different business needs while continuing to create opportunities for our own people to grow and contribute.
My promise is to continue to provide clarity, listen and learn and keep improving.
Thank you for everything you continue to do for our customers, Microsoft and for one another.
- Amy
This Viva Engage post has been edited slightly for external use.”
Can Or Not
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Those who everyday complain about working should take the offer
Those who kpkb no WFH can now WFH permanently
AndroidComa
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Should be bullish for their stocks right?
Heard this cut cost is to fund their ai ambitions?
Heard this cut cost is to fund their ai ambitions?
In older days, such moves would mean your company is not doing well. Today, I think it's the opposite. Bullish or not, you probably want to examine the company on the whole, not just based on one news.
ramlee
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Likely those won’t be selected. If they want to leave, they can resign
vespaguy
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like when EDMWer recently posted that he or his friend received 500,000$ comp for retrenchment but already found a $20k per month job. Wow. Pakcik also wants.
20k per month is norm in edmw, everyone make such pay here
apple459721
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they never listen? 
ramlee
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That's huai better be civil serpents
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