Microsoft rolls out its first large-scale buyout program as AI spending climbs
Photo: Crypto Briefing
The voluntary offer uses a "Rule of 70" to reach about 8,750 US employees while the company plans $190 billion in AI-related spending Microsoft is trying something it has never done at this scale in its 51-year history: asking employees to leave on their own terms. The company has launched a voluntary retirement and buyout program aimed at roughly 7% of its US workforce. It is a cost-cutting move that arrives as Microsoft prepares to spend heavily on artificial intelligence infrastructure.
Source: Crypto Briefing
