Source The New York Times · Published · Open the original ↗
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Microsoft Offers Buyouts to 60,000 Employees as It Spends on A.I.
About a quarter of the tech giant’s employees were eligible for the packages, although the company cautioned it did not expect many employees to sign on.
Microsoft on Monday offered buyouts to a quarter of its work force, the latest effort by the company to rein in costs as it spends heavily on artificial intelligence.
Only a sliver of the 60,000 employees offered a buyout are expected to take it, the company said.
In a note to staff, Amy Coleman, Microsoft’s chief people officer, wrote that the buyout is part of the company’s efforts to give employees more control over their future and also “meet different business needs while continuing to create opportunities for our own people to grow and contribute.”
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