Microsoft Offers Buyouts to Up to 60,000 Employees Amid AI Push

The tech giant is offering voluntary buyout packages to tens of thousands of staff in an effort to curb costs amid massive AI infrastructure investments.

Tech giant Microsoft is offering wide-scale voluntary exit packages to its workforce, financial newspaper Barron's and The Economic Times reported. According to the reports, the buyout initiative targets up to 60,000 employees and helped prompt a rise in the company's share price.

According to Israeli news outlet N12, the severance package is being offered to staff across four countries, including research and development personnel and artificial intelligence specialists. Barron's noted that the measure aims to rein in operational costs as the company accelerates massive capital expenditures to build out its AI infrastructure.

Further details regarding employee participation rates and the full list of affected countries have not yet been released.