Microsoft offers voluntary exit packages to 60,000 employees globally

Microsoft offered voluntary exit packages to approximately 60,000 employees globally, representing roughly a quarter of its workforce, as part of ongoing cost-cutting measures.

Staff on select teams at or below the vice-president level in the United States, Canada, India, and Britain are eligible for the buyout plan.

The tech giant continues to ramp up infrastructure investments, with major technology companies collectively projected to spend roughly $700 billion on AI data centers this year.