Microsoft offers buyouts to around 60,000 employees to cut costs

Microsoft is offering buyouts to around 60,000 employees, the company confirmed to TechCrunch on Monday, as it seeks to cut costs and reshape its workforce for artificial intelligence.

Employees at the vice president level and below on select teams in the United States, Canada, India and the United Kingdom are eligible, according to a note from Chief People Officer Amy Coleman.

Bloomberg reported that participating divisions include Xbox, Windows, Copilot and Finance. Some employees, including those working in data centers, sales and marketing, are excluded.

Business Insider first reported the buyout offer. Coleman sent the note to employees, and it was also published on Microsoft’s website.

Eligible employees were…