Microsoft offers buyouts to 60,000 employees

Microsoft has offered 60,000 employees, nearly a third of its global workforce, voluntary buyouts as the software giant spends heavily on AI.

Tech giant moves to control costs and it spends up to $175bn on AI infrastructure this year

Microsoft said on Monday it is offering voluntary buyouts to more than a quarter of its global workforce — including in Canada — as the technology giant looks to contain costs and help fund its ‌massive AI investments.

Tech company offers buyouts in an effort to reduce costs amid the rising use of AI, according to reports Microsoft announced that it would offer buyouts to 60,000 employees in an effort to reduce costs amid the rising use of artificial intelligence, according to reports, the…

Buyout now or layoff later?

Microsoft is offering voluntary buyouts to up to 60,000 employees across the US, UK, Canada, and India. In a message to employees, Microsoft chief people officer Amy Coleman writes that this gives staff members "the opportunity to leave Microsoft with financial support and…

Microsoft is reportedly offering voluntary severance packages to 60,000 of its staff, including some in the UK.