Microsoft offers voluntary retirement to long-serving employees

Vector illustration of the Microsoft logo.

Microsoft is changing up its annual rewards and performance programs today, and offering long-serving employees in the US the ability to voluntarily retire. It’s the first time in Microsoft’s more than 50-year history that the company has offered such a voluntary retirement program.

“Many of these employees have spent years, and in some cases, decades, shaping Microsoft into what it is today,” says Microsoft’s HR chief Amy Coleman in a memo seen by The Verge. “For those who may be considering their next chapter, we’re offering a one‑time Voluntary Retirement Program.” Microsoft says it applies to only a “small percentage of our US employees …

Read the full story at The Verge.

Read more @ TheVerge

Latest posts

Chatbots at the drive-thru are just the beginning

This is The Stepback, a weekly newsletter breaking down one essential story from the tech world. For more news about how AI is seeping...

Snap, YouTube, and TikTok settle suit over harm to students

Schools say social media is hurting grades and creating a mental health crisis. | Image: Cath Virginia / The Verge Snap, YouTube, and TikTok have...

Here are 40 of our favorite deals from REI’s massive Anniversary Sale

The last-gen InReach Mini 2 might require a subscription to use, but we guarantee it’s far more durable than your phone. | Image: Garmin REI’s...

Turtle Beach made a good SteelSeries headset clone that’s $50 less

Both of these headsets are stellar in different ways. I really liked the SteelSeries Arctis Nova Pro Wireless, so the company didn't have to say...

NPR’s Manoush Zomorodi talks about living with too much tech

Manoush Zomorodi tackled tech’s effect on our brains, now she’s looking at our bodies. | Image: Tory WIlliams Manoush Zamorodi is an accomplished reporter, podcast...

Sony tries to explain that its AI Camera Assistant doesn’t suck

The variety of terrible is impressive. After Sony drew some unwanted attention for a post demonstrating its AI Camera Assistant on the Xperia 1 XIII,...

These are the laptops I recommend for pretty much anyone

Need a new laptop? It’s a tough decision. If you’re like most people, a laptop is one of the most expensive tech purchases you’ll...

The app you need to clean up your computer

Hi, friends! Welcome to Installer No. 128, your guide to the best and Verge-iest stuff in the world. (If you're new here, welcome, sorry...

Mixtape is a musical portrait of teenage life

Playing Mixtape is like playing a video game version of a high school movie. Kids banter about the meaning of life and the theme...

ArXiv will ban researchers who upload papers full of AI slop

ArXiv, a popular platform for preprint academic research, is taking a new step to attempt to reduce the volume of papers that include AI...