Microsoft Offers Buyouts to 60000 Staff
Microsoft is offering voluntary buyouts to approximately sixty thousand employees worldwide. The tech giant aims to reduce costs and support massive artificial intelligence investments.
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Microsoft is offering voluntary buyouts to roughly 60,000 employees, exceeding a quarter of its global workforce, to contain operational costs. The software maker announced the restructuring on Monday as it ramps up funding for artificial intelligence infrastructure. The cost-cutting drive follows a series of targeted workforce reductions and precedes upcoming quarterly earnings.
