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Microsoft offers voluntary buyouts to 60,000 employees, about 27% of its global workforce

TechnologyInternationalThe Morning Call35 s readAI summary
Image: The Morning Call

Microsoft offered voluntary separations to 60,000 employees, about 27% of its global workforce, as the software giant invests heavily in artificial intelligence. Chief people officer Amy Coleman said in a blog post that the offer covers eligible employees in Canada, India, the United Kingdom and the United States. The company had roughly 223,000 full-time employees at the end of June and will report quarterly results on Wednesday. Its shares hit an all-time high this month.

In 35 seconds

  • Microsoft offered voluntary buyouts to 60,000 employees, about 27% of its global workforce.
  • The offer covers eligible employees in Canada, India, the United Kingdom and the United States.
  • The company had about 223,000 full-time employees at the end of June.
Read the full story at The Morning Call

IASummary generated by artificial intelligence from a story by The Morning Call. It may contain errors: the original source prevails.

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