Seattle Times: Microsoft offers buyouts for longtime employees
Rob Lalka, Albert Lepage Professor in Business, was interviewed by The Seattle Times about Microsoft's decision to offer voluntary retirement to thousands of its employees in the United States for the first time in company history.
Rob Lalka, a professor at Tulane University who focuses on Big Tech and entrepreneurship, said it’s clear that tech companies shifting their priorities are driving layoffs and workforce reductions.
“AI is not at a point where it’s replacing this many people in a white-collar workforce,” Lalka said. “These companies are just putting so much money into the build-out of this technology. This is a financial conversation, not a human capital conversation.”
To read the story in its entirety, visit seattletimes.com:
https://www.seattletimes.com/business/microsoft/microsoft-offers-buyouts-for-longtime-employees/
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