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Microsoft offers voluntary exit packages to up to 60,000 employees

Microsoft has introduced a voluntary exit scheme for up to 60,000 staff, including workers within its Xbox gaming division.

FTMQ Gaming, written by our newsroom0 views

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Picture: GamesIndustry.biz

Microsoft has introduced a time-limited Voluntary Exit Offer to up to 60,000 employees across participating teams, GamesIndustry.biz, Destructoid, and The Verge reported. The buyout offer was announced in a memo by Amy Coleman, executive vice president and chief people officer at Microsoft. The offer applies to eligible staff in the United States, the United Kingdom, Canada, and India. [1][3][6][10]

The exit packages are open to workers at level 70 and below, as reported by GamesIndustry.biz, while Engadget reported that select employees at the vice president level and below are eligible. Staff in the Xbox gaming division are eligible for the buyouts, according to GamesIndustry.biz. Other eligible teams include AI experiences, Copilot, CoreAI, Windows and Devices, finance, and human resources. [1][4]

Outlets differ on the proportion of Microsoft's workforce affected by the offer. Rock Paper Shotgun, Engadget, and Yahoo Finance UK reported that the 60,000 eligible staff represent around a quarter of Microsoft's total workforce. Engadget noted that Microsoft employs approximately 223,000 people. Destructoid reported that the figure represents about a third of the company's global headcount. [2][3][4][12]

The buyout terms match standard Microsoft severance packages, according to reporting cited by Engadget. Destructoid and Eurogamer reported that the voluntary exit program follows earlier rounds of layoffs at the company's Xbox division. [3][4][7]

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In short

  • Microsoft is offering voluntary exit packages to up to 60,000 employees.
  • The buyout offer includes eligible staff within the Xbox gaming division.
  • The offer applies to workers in the US, UK, Canada, and India.
  • Outlets report the 60,000 eligible workers make up a quarter to a third of Microsoft.

Sources

Every paragraph above points to the numbered items it rests on. Read the originals here.

  1. [1]Xbox staff among up to 60,000 Microsoft employees offered voluntary exitGamesIndustry.biz, 8d ago (the report this story comes from)
  2. [2]With Xbox cuts not done, Microsoft offer voluntary buyouts to around 60,000 workers across the company in latest attempt to get rid of staffRock Paper Shotgun, 8d ago
  3. [3]Microsoft restructuring continues with 60,000 employees given buyout offer to leave now, or probably get laid off later anywayDestructoid, 8d ago
  4. [4]Microsoft reportedly offers voluntary buyouts to 60,000 employees as an attempt to trim costsEngadget, 8d ago
  5. [5]Is Microsoft preparing for more layoffs? 60,000 employees just got buyout offersWindows Central, 8d ago
  6. [6]Microsoft offers buyouts to 60,000 employeesThe Verge Tech, 8d ago
  7. [7]Amid sweeping layoffs at Xbox and massive AI investments, Microsoft introduces a "Voluntary Exit Offer" to 60,000 workersEurogamer, 8d ago
  8. [8]Microsoft to Offer Buyouts to 60,000 Workers in New Cost CutBloomberg.com, 8d ago
  9. [9]Microsoft offers buyouts to around 60,000 employees to contain costsReuters, 8d ago
  10. [10]Microsoft offers buyouts to 60,000 employeesThe Verge, 8d ago
  11. [11]Microsoft to reportedly offer buyouts to 60,000 employees in latest cutsThe Guardian, 8d ago
  12. [12]Microsoft offers voluntary exit packages to 60,000 staffYahoo Finance UK, 8d ago

Background

  1. [13]Microsoft Game Studios Japan on Wikipedia
  2. [14]Microsoft on Grokipedia
  3. [15]Wizards of the Coast declines voluntary recognition for employee union drive FTMQ Gaming, 15d ago

Our newsroom writes these reports with the help of software, from the 15 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.

Earlier reports of ours on the same people and subjects.

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