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Microsoft offers buyouts to 60,000 employees

1 min read Source: The Verge AI

What this AI news story is about

Microsoft is offering voluntary buyouts to up to 60,000 employees across the US, UK, Canada, and India. In a message to employees, Microsoft chief people officer Amy Coleman writes that this gives staff members "the opportunity to leave Microsoft with financial support and career planning…

What happened

Microsoft is offering voluntary buyouts to up to 60,000 employees across the US, UK, Canada, and India. In a message to employees, Microsoft chief people officer Amy Coleman writes that this gives staff members “the opportunity to leave Microsoft with financial support and career planning resources” as the company looks to trim staff without another round of layoffs.

Sources familiar with the situation tell The Verge that staffers across Microsoft are eligible for the voluntary exit offers, including those in its AI experiences, Copilot, CoreAI, Windows + Devices, Xbox, finance, and human resources teams. Microsoft’s cloud + AI, MicrosoftAI …

Read the full story at The Verge.

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Source: The Verge AI • TrueVitaHub summary and available news coverage