Microsoft offers buyouts to 60,000 staff, a quarter of its workforce, just after its shares hit a RECORD high
Microsoft's 6,000 UK employees are among those eligible for the payouts as the tech giant channels funds into artificial intelligence. Staff at vice-president level and below in the US, Canada and India may also apply. Chief people officer Amy Coleman described the scheme to employees as 'new for us'. Quarterly results are scheduled for publication on Wednesday.
Xbox, Windows and Copilot teams qualify, while sales, marketing and data centres are excluded.
US staff who accept will get at least eight weeks' pay, and the deadline is 31 December.
It is Microsoft's second buyout this year, after 4,800 job cuts in July.
More
Daily Mail AUMicrosoft puts 60k jobs at risk worldwide as tech giant focuses on AIThe TelegraphMicrosoft puts up to 60,000 jobs at riskThe GuardianMicrosoft to reportedly offer buyouts to 60,000 employees in latest cutsThe IndependentMicrosoft offers 60,000 employees voluntary buyouts in effort to slash a quarter of its workforceNewsweekMicrosoft's 60,000-Worker Buyout Adds to H-1B Visa UncertaintyAPMicrosoft offers a quarter of its global workforce voluntary buyouts as AI spending acceleratesNY PostMicrosoft announces buyouts for 60K employees -- quarter of workforce -- as part of AI transformationReutersMicrosoft is offering buyouts to around 60,000 employees, Business Insider reportsCBS NewsMicrosoft offers buyouts to 60,000 workers as it pours money into AIBusiness InsiderMicrosoft is offering buyouts to around 60,000 employees. Read the memo. - Business InsiderUPIMicrosoft offers voluntary buyouts to thousands of employeesWashington TimesMicrosoft offers buyouts to 60,000 employees in AI push
