Microsoft offers buyouts to around 60,000 employees
Key Points:
- Microsoft is offering voluntary buyouts to about 60,000 employees, more than a quarter of its global workforce, to reduce costs and fund its AI investments.
- The buyouts apply to staff across various departments including AI experiences, Copilot, finance, HR, Xbox, and Windows + Devices, while excluding marketing, commercial business, and security teams.
- This move follows earlier layoffs and buyout offers, including a 2.1% workforce reduction announced in July and a prior voluntary buyout affecting 7% of its U.S. workforce.
- Microsoft is investing heavily in AI infrastructure, forecasting $175 billion in capital expenditures for 2026, amid investor scrutiny over the returns on these investments.
- The voluntary buyout program targets eligible employees in Canada, India, the UK, and the U.S. at level 70 and below and is time-limited, with details to be provided to employees shortly.