Meta employees face a slow-swinging axe and a tough choice: hustle or job hunt

Meta announced it will be laying off about 10% of its staff next month. Bloomberg/Bloomberg via Getty Images Meta's plans to cut 10% of its workforce mean workers face the question of how to spend their layoff limbo. The long lead time creates anxiety and a tough choice: hustle or hunt for a new job. HR veterans say going above and beyond likely isn't enough to save workers, but giving up isn't the right move either. When layoffs are looming, do you grind harder or dust off your résumé? Met...

What is voluntary retirement programme that Microsoft is offering its 8500-plus employees

Microsoft is offering voluntary retirement to approximately 7% of its US workforce, marking its first such program in 51 years. This softer approach, unlike previous layoffs, aims to manage costs and reputation amid stock price pressure and AI infrastructure spending. The offer, based on an age and tenure formula, provides a choice for eligible employees.

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The one-time retirement program will be open to U.S. workers at the senior director level and below, with a combined age and years of employment of 70 or more, per reports.

Meta will lay off approximately 8,000 people; Microsoft is implementing a voluntary redundancy plan. - Seneweb

Meta will lay off approximately 8,000 people; Microsoft is implementing a voluntary redundancy plan.  Seneweb