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.
KPMG says it will cut about 10% of its US audit partners, impacting over 100 people, after a multi-year push to encourage early retirements saw weak uptake. The firm insists the decision is not tied to performance reviews and says layoffs aim to align partner numbers with the current size of its audit business. Packages and job-search support will be offered.
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