Microsoft offers up to 39 weeks of pay and continued benefits to laid-off workers. This generous package includes stock vesting and health insurance coverage for employees. The company is restructuring its workforce while investing heavily in artificial intelligence infrastructure. These layoffs primarily impact the sales and Xbox divisions of the technology giant.

Most of the job losses are in Microsoft’s Xbox and commercial sales organizations.

Microsoft announced plans to lay off 4,800 employees on Monday, confirming Business Insider's earlier report.

Microsoft eliminated approximately 2.1% of its global workforce