Microsoft, Mercedes-Benz and Skydance offer voluntary exit packages as buyouts gain ground over layoffs
Key points
- Microsoft, Mercedes-Benz and Skydance have recently offered voluntary exit packages
- Microsoft's programme covers eligible employees at level 70 and below in the US, Canada, India and the UK
- The companies are reportedly seeking to cut costs
Per Livemint, Microsoft, Mercedes-Benz and Skydance have recently offered employees voluntary exit packages. Microsoft's programme covers eligible employees at level 70 and below in the US, Canada, India and the UK, as outlined in a memo by Chief People Officer Amy Coleman. The companies are reportedly seeking to cut costs.
Original report: Livemint ↗Edited with AI assistance. Facts are based on official sources and original reports.