California (Web Desk): US technology giant Microsoft has offered 60,000 of its employees the option to leave the company voluntarily.
According to international media reports, the scheme has been introduced as part of efforts to reduce costs amid heavy investment in artificial intelligence. Eligible employees at the vice-president level and below in the United States, Canada, India and the United Kingdom will be able to take advantage of the offer.
Earlier this year, the company also offered voluntary departures to approximately 7% of its US workforce, or 9,000 employees.
In July, Microsoft announced the elimination of 4,800 jobs, representing around 2.1% of its global workforce. The company is also making major changes to its Xbox gaming business and is considering selling or separating up to five studios to improve profitability after years of substantial investment in the sector.
In a memo to employees, Microsoft Chief People Officer Amy Coleman said the offer provides eligible employees who are exploring new paths for their future with an option to leave the company with support. She added that the initiative would also help the relevant divisions adjust their workforces to changing business needs.