Microsoft Corp. has announced plans to offer buyouts to approximately 60,000 employees, which represents about a quarter of its total workforce. This move is part of the company's broader strategy to reduce costs and adapt its workforce for the growing artificial intelligence sector.
The buyout offer will be extended to employees in the US, Canada, India, and the UK, specifically targeting those at the vice president level and below. A Microsoft spokesperson confirmed the details, emphasizing the company's focus on restructuring to better align with future technological demands.
The decision comes as Microsoft seeks to streamline operations and invest more heavily in AI-driven initiatives. The buyout program is expected to significantly impact the company's workforce composition, marking one of the largest restructuring efforts in its history.