Microsoft has launched its first-ever voluntary retirement programme for eligible US employees, potentially affecting about 8,750 people as the company restructures. Staff meeting an age plus service threshold can opt to leave, with expanded healthcare support, severance tied to tenure, and accelerated vesting. The move comes alongside changes to performance and compensation reviews.
Microsoft has launched a voluntary retirement scheme for thousands of US employees, targeting about 7% of its workforce as it reshapes staffing and trims expenses while investing heavily in AI. A company memo says participants may be treated as retired if their combined age and years of service reach 70. Eligibility varies, and some roles are excluded.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
KPMG is set to cut roughly 10% of its U.S. audit partners, a rare move in the consulting world. The restructure, driven by CEO Tim Walsh, follows the company’s voluntary retirement scheme falling short. With pressure building on the audit division, the firm is taking a direct staffing approach rather than relying on attrition to reset costs.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
