Quartz·1 min read·easy

Microsoft is offering buyouts to around 60,000 employees in latest cost push

Cris Tolomia
✦AI Summary

Microsoft is offering voluntary buyouts to approximately 60,000 employees as part of a cost-cutting initiative. The offer is available to staff at level 70 and below across the U.S., Canada, India, and the U.K.

Why it matters

Large-scale buyout offers from major tech firms often signal shifts in corporate strategy or efforts to streamline operations amidst economic uncertainty.

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The voluntary exit offer covers eligible staff at level 70…

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