Microsoft to reportedly offer buyouts to 60,000 employees in latest cuts
Source:
guardianTech
October 26, 2026 · 11:44
From the publisher
Tech company offers buyouts in an effort to reduce costs amid the rising use of AI, according to reportsMicrosoft announced that it would offer buyouts to 60,000 employees in an effort to reduce costs amid the rising use of artificial intelligence, according to reports, the latest example of how AI is reshaping tech companies and the greater workforce.This is the latest of several trimmings Microsoft has made to its workforce this year. The company announced in April that it was offering voluntary retirement to about 7% of its US workforce, which consisted of about 125,000 employees at the time. Its global workforce is made up of about 223,000 workers globally. Continue reading...
The original article opens on the publisher's website.
More from General
View topic →How OpenAI turned its coding tools into dots, an always-on personal assistant
techcrunch
Oct 26, 2026 · 19:00
China industrial profits post strongest growth in three months, rising 14.4%
cnbc
Oct 26, 2026 · 18:45
Cohere says Alibaba’s Qwen model tried to send a file to Beijing
techcrunch
Oct 26, 2026 · 18:12
China and Russia are redrawing Arctic trade. Can Europe fight back?
cnbc
Oct 26, 2026 · 17:41
Trump administration attempting to prosecute former FBI Director James Comey again
nprNews
Oct 26, 2026 · 17:31