-
French court adjourns trial over 2020 death of delivery driver
-
S.Africa ambassador calls for talks with US over 'tense' ties
-
Serbian student movement eyes power after election triumph
-
'Smells of freedom': Serbians hopeful after landmark election
-
Machado ready to meet Venezuela leader after shock return
-
South Africa select 'enforcer' Coetzee for Australia decider
-
Lula celebrates election win as Brazil markets tumble
-
Botanists comb Gabon's rich rainforests with nature on the line
-
France's Macron accuses social media of sowing discord ahead of election
-
New levy on non-EU parcels kicks in Sunday
-
Anthropic unveils IPO filing showing soaring sales and AI risks
-
Stocks climb ahead of tech earnings, central bank calls
-
US singer Chris Brown avoids jail over London nightclub brawl
-
Part of London's Oxford Street pedestrianised 'forever'
-
US singer Chris Brown avoids jail over UK nightclub brawl
-
Canadian youth seek climate action in landmark trial
-
Man Utd crisis deepens as Carrick faces axe
-
Trump blasts Norway over Nobel Peace Prize snub
-
Serbian student movement eyes power after resounding snap poll victory
-
Japan PM vows swift response to wave of cyberattacks
-
Eala breezes past world number 411 in Tokyo opener
-
Stocks mostly rise before tech earnings, central bank calls
-
Swedish Centre Party leader says government coalition talks failed
-
France's Macron to visit Marseille after protest violence
-
Barca's big-game defeats pose familiar questions
-
German union slams Audi boss's appearance at Trump rally
-
Russia says open to mini Ukraine ceasefires, but no let up in war
-
UK set for 'limited' budget giveaways as borrowing costs surge
-
Bangladesh measles crisis 'warning sign' of other outbreaks: report
-
Anthropic's AI model accessed US voter data: Axios
-
'Historic victory': World leaders celebrate Lula's re-election
-
Malaysia's Johor reopens schools as haze eases
-
Stock markets mixed ahead of tech earnings, central bank decisions
-
Carragher says Fernandes benching was intended as public punishment
-
Mother renews anti-bullying appeal a decade after son’s death
-
Canada-EU summit seeks deepened alliance as US ties fray
-
'Historic victory': Leftist leaders in the Americas celebrate Lula's re-election
-
Senegal to host Youth Games, Africa's first ever Olympics
-
African players in Europe: Jackson brace ends City's perfect record
-
ITV drama Adultery examines temptation, class and family consequences
-
Argentine police arrest stepfather after pregnant 10-year-old reaches hospital
-
New levy on non-EU parcels kicks in November 1
-
Mother dies after rescuing sons from riptide in the Bahamas
-
Saudi coalition says struck Houthi missile facilities after Riyadh airport attack
-
James Blunt reportedly sought extra underwear during Celebrity Traitors filming
-
Manchester United stand-in captain calls for change after Bournemouth loss
-
Trump says Canada trade deal coming 'soon'
-
Body recovered after ferry passenger reported overboard
-
Police urge home-security checks as darker evenings return
-
Dance in the Dark brings an immersive family adventure to Birmingham MAC
Microsoft offers voluntary exit packages to 60,000 staff
Microsoft is offering voluntary buyouts to about 60,000 employees, the company said on Monday, roughly a quarter of its workforce, as the tech giant seeks to cut costs while pouring money into artificial intelligence.
Staff on select teams in the United States, Canada, India and Britain at vice president level and below will be eligible, a Microsoft spokesperson said, while some groups of employees, including some working on data centers, sales and marketing, are excluded.
"The Voluntary Exit Offer reflects an important part of how we’re evolving our approach to change: creating greater flexibility and, where possible, more ways for employees to shape their next chapter," Amy Coleman, an executive vice president and chief people officer, told employees in a memo.
It's the second voluntary buyout offer that Microsoft has offered employees this year.
In April, the company reportedly offered around seven percent of its US workforce the option to retire early.
Around 30 percent of those eligible took the voluntary retirement plan, according to CNBC.
Microsoft had 223,000 employees globally at the end of June, down from 228,000 at the end of 2025, according to regulatory filings.
Around 27 percent of Microsoft's workforce is eligible for the new buyout offer.
The company is expected to report quarterly earnings later this week.
T.Bondarenko--BTB