Microsoft Employees Facing Uncertain Days ?

American tech giant Microsoft has introduced a voluntary retirement program for long-serving employees as part of its cost-control and AI-focused strategy. Employees whose age and years of service together cross 70 years are eligible for the offer. The company is offering attractive benefits including healthcare coverage for five years, lump-sum cash compensation, and stock-related benefits.

Microsoft revealed that around 7 percent of its US workforce may qualify for the scheme. The company has reportedly allocated nearly 900 million dollars for the program. At the same time, Microsoft is also expected to announce layoffs in the coming months as it slows down fresh hiring and focuses more on artificial intelligence investments and operational efficiency.