Microsoft offers buyouts to about 60,000 employees in latest AI-linked cuts

The Guardian+1 ·
Microsoft offers buyouts to about 60,000 employees in latest AI-linked cuts
  • Business Insider reported that Microsoft is offering buyouts to around 60,000 employees, as relayed by Reuters.
  • The Guardian reports the buyout offers are an effort to reduce costs amid the rising use of artificial intelligence, according to reports.
  • The Guardian describes the offer as the latest of several workforce trims Microsoft has made this year, following an April reduction.
  • The source reports rely on unnamed reporting and do not include a Microsoft primary filing or statement with a dated announcement.

Quotes

“Microsoft 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 Guardian

Sources