🤖 MS Starts voluntary retirement for the first time in history Source
🤖 MS Starts voluntary retirement for the first time in history Source 「 Big Tech's massive job cuts continue, with Meta signaling layoffs of about 10% of its employees and Microsoft preparing for its first voluntary retirement program." 「 Those eligible for voluntary retirement are employees who have more than 70 years of service when their current age and years of service are added, including, for example, a 50-year-old employee who has worked at MS for 20 years." ✍️ It seems that the purpose is to maximize labor cost reduction by not just looking at age or number of years of service Howe…
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