Microsoft offers voluntary buyouts to about 60,000 employees
Microsoft announced on Monday voluntary buyouts for up to 60,000 employees, roughly a quarter of its workforce, as it spends heavily on AI. It is the second such offer this year.
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Microsoft job cuts
Where things stand
Microsoft is offering voluntary buyouts to up to 60,000 employees, roughly a quarter of its workforce, as announced on Monday. It is the company's second such offer this year, amid heavy AI spending.
Microsoft is reducing its workforce while investing heavily in artificial intelligence. The company has used voluntary departure offers as one tool to adjust staffing, with this being the second such program this year.