About 7% of the US workforce will be eligible for the buyouts, according to a person familiar with the planning. Microsoft has never previously done buyouts of this scale, said the person, who requested anonymity to discuss an internal matter.

About 7% of the US workforce will be eligible for the buyouts, according to a person familiar with the planning. Microsoft has never previously done buyouts of this scale, said the person, who requested anonymity to discuss an internal matter.

Meta is laying off about 8,000 workers, or about 10% of its workforce, the company said Thursday. The company said it was making the cuts for the sake of efficiency and to allow new investments in parts of its business, as first reported by Bloomberg. Also Thursday, Microsoft said it was offering voluntary buyouts to […]

The company said it was making the cuts for the sake of efficiency and to allow new investments in parts of its business, as first reported by Bloomberg, which also said the company will leave abou...

In the latest round of tech industry job cuts, Meta is laying off about 8,000 workers and Microsoft is offering buyouts to a similar number.

Microsoft introduces voluntary retirement buyouts for up to 7 per cent of employees as it navigates AI-driven changes, workforce restructuring, and cost-cutting measures.