nygazet.com logo
Here’s why companies like Microsoft are offering voluntary buyouts instead of laying off workers
business

Here’s why companies like Microsoft are offering voluntary buyouts instead of laying off workers

1 min read

Buyouts target specific kinds of employees, says employment lawyer Domenique Camacho Moran.

Meta announced on Thursday that it plans to cut 10% of workers, or roughly 8,000 employees, to improve efficiency and offset its AI spending. The social media giant also plans to leave 6,000 open roles unfilled. Microsoft also announced on Thursday p... [2851 chars]

Read Original Article

Source: Fortune

Visit Source

Share this article