Microsoft plans thousands of job cuts, impacting thousands
Work Reform
A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
Microsoft earlier this year announced a voluntary retirement program offering buyouts to employees level 67 and below in the US who had 70 or more years of age and service. About 7% of Microsoft's 125,000 US workforce, or nearly 9,000 employees, was eligible.
Weirdly written. Does that mean 7% of their employees were 70 years or older? Or that age + work years greater than 70 means eligible, like I'm 50 and worked t MS for 20 years, 50+20=70 so meet eligibility. Must be that one. "Level 67 and below" is also useless formation to someone who doesn't know MS levels.
"Golden 80" is a pretty common formula here. Service plus age. 70 is pretty crazy.