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Microsoft Offers Buyouts to 60,000 Employees
Kobeissi says Microsoft offers buyouts to 60,000 VP-and-below staff, ~27% of its workforce, amid AI-driven cost cuts.
Original post
BREAKING: Microsoft, $MSFT, is offering buyouts to 60,000 workers as part of the company’s efforts to cut costs amid AI adoption, per Bloomberg.
Personnel on select teams in the US, Canada, India, and the UK at a vice president level and below will be eligible.
This reflects ~27% of Microsoft's total workforce.
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Microsoft offers buyouts to 60,000 employees to cut costs amid its AI adoption push.
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Microsoft is offering voluntary buyouts to 60,000 workers as it cuts costs.
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Microsoft offers voluntary buyouts to ~60,000 US, Canada, India and UK staff amid AI spending, excluding data center teams, out of 223,000 employees.
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