Microsoft offers voluntary buyouts to about 60,000 staff

Offer covers select teams in the US, Canada, India and Britain as the company funds AI; Pakistan is not on the eligibility list.

Microsoft is offering voluntary buyouts to about 60,000 employees, roughly a quarter of its workforce.

Eligible staff are on select teams in the US, Canada, India and Britain, at vice president level and below.

Some groups, including parts of data centres, sales and marketing, are excluded from the offer.

The company said it wants to cut costs while putting more money into artificial intelligence (AI).

A Microsoft spokesperson said this is the second voluntary buyout offer the firm has made to staff this year.

Read the full story