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Microsoft offers buyouts to 60,000 staff in Britain and beyond, a QUARTER of its workforce, while AI spending soars

Microsoft offers buyouts to 60,000 staff in Britain and beyond, a QUARTER of its workforce, while AI spending soars

Chief People Officer Amy Coleman announced the 'Voluntary Exit Offer' in a Monday blog post, with eligibility limited to staff at level 70 and below. Divisions facing cuts include Copilot, AI experiences, Xbox and Windows + Devices. Capital expenditure, driven largely by AI, has climbed to nearly $190 billion this year. The company's shares reached an all-time high this month, with quarterly results due on Wednesday.

Microsoft already axed 4,800 jobs in July, many of them at Xbox.

Coleman admitted: 'The Voluntary Exit Offer is new for us. We'll learn from it.'

Amazon has shed around 30,000 workers as it shifts toward AI tools.

MoreThe IndependentMicrosoft offers a quarter of its global workforce voluntary buyouts as AI spending acceleratesCBS NewsMicrosoft offers buyouts to 60,000 workers as it pours money into AIReutersMicrosoft is offering buyouts to around 60,000 employees, Business Insider reportsUPIMicrosoft offers voluntary buyouts to thousands of employeesBusiness InsiderMicrosoft is offering buyouts to around 60,000 employees. Read the memo. - Business InsiderTechCrunchMicrosoft offers buyouts to around 60,000 employees, reports say - TechCrunch
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