Microsoft offers buyouts to 60,000 staff, more than a quarter of its workforce, as it pours money into AI
British workers face potential redundancy alongside colleagues in the US, Canada and India; those at level 70 or below in teams including Xbox, Windows and Copilot are eligible. Sales, marketing and data centre staff are not covered. The deadline for employees to opt in is early December, with departures taking effect at the year's end. Microsoft's stock reached a record peak this month, and the company reports results on Wednesday.
Chief people officer Amy Coleman admitted: 'The Voluntary Exit Offer is new for us.'
Microsoft already cut 4,800 jobs in July, many of them in its Xbox division.
The tech giant expects to spend $175 billion on AI infrastructure this year alone.
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The GuardianMicrosoft to reportedly offer buyouts to 60,000 employees in latest cutsThe TelegraphMicrosoft puts up to 60,000 jobs at riskThe IndependentMicrosoft offers 60,000 employees voluntary buyouts in effort to slash a quarter of its workforceThe IndependentMicrosoft 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 transformationCBS NewsMicrosoft offers buyouts to 60,000 workers as it pours money into AIReutersMicrosoft is offering buyouts to around 60,000 employees, Business Insider reportsBusiness 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 pushTechCrunchMicrosoft offers buyouts to around 60,000 employees, reports say - TechCrunch
