Microsoft offers buyouts to nearly 30% of workforce in ongoing AI shift

Share

Microsoft is offering voluntary buyouts to about 60,000 employees, or nearly 27% of its workforce, as part of its strategy to invest heavily in artificial intelligence. The program, announced by Chief People Officer Amy Coleman, covers senior employees up to the vice-president level. Severance payments will depend on tenure and local labor laws; in the United States, they will include at least eight weeks of pay, continued stock vesting and healthcare coverage. Microsoft employed about 223,000 people at the end of June, after cutting 4,800 jobs in July and more than 15,000 in 2025, largely in the struggling Xbox division. For fiscal 2026, the company projects $145.3 billion in capital expenditures, following $41 billion in spending for the quarter ending in June.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items