Microsoft has reduced its global workforce by approximately 4,800 employees, representing about 2.1% of its staff. These layoffs primarily impact the sales organization and the Xbox gaming division. The company is implementing a comprehensive severance package, exceeding typical industry standards. This includes extended pay, continued stock vesting, and health insurance coverage for eligible employees. These actions coincide with Microsoft's significant investments in artificial intelligence and cloud infrastructure.
https://innotechtoday.com/the-business-of-letting-go-microsofts-new-layoff-playbook/