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Microsoft offers voluntary exit packages to 60,000 staff

World 2 sources 2 countries 🔦 Under-reported 26m ago

Microsoft announced on Monday that it is offering voluntary exit packages to approximately 60,000 employees, representing roughly one-quarter of its total workforce. The initiative targets staff members on specific teams across the United States, Canada, India, and Britain.

The company stated that the move is intended to reduce operational costs. These savings are being redirected to support the tech giant's ongoing investments in artificial intelligence.

In-depth summary · AI, neutral
Read the full story at the source Iraqi News (Baghdad, Iraq) · IQ ↗
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