Microsoft plans first voluntary employee buyout, CNBC reports
Microsoft Corp. is planning its first voluntary employee buyout in its 51-year history, according to a CNBC report citing a memo. The company has been spending aggressively on artificial intelligence, but adoption of its flagship AI service, 365 Copilot, remains low at just over 3% of its 450 million 365 customers.
Microsoft Corp. is planning its first voluntary employee buyout in its 51-year history. The program will be open to U.S. workers at the senior director level and below, whose years of employment and age add up to 70 years or more. Microsoft has been spending aggressively on artificial intelligence, but adoption of its flagship AI service, 365 Copilot, has reached just over 3% of its 450 million 365 customers. The company is also changing how it distributes stock to employees and simplifying the manager review process. Microsoft's shares have tumbled nearly 24% from January to March, making it one of the worst-performing Big Tech stocks this year. The company unified the commercial and consumer versions of Copilot in March, with Microsoft's AI chief, Mustafa Suleyman, now focusing solely on building new AI models.
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