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International Business Times
International Business Times
Business

Microsoft is the Latest Company to Reduce its Workforce Over AI. It's Offering Buyouts to Tens of Thousands.

Microsoft is offering buyouts to tens of thousands of employees as it seeks to increase efficiency due to the AI boom. (Credit: Getty Images)

Microsoft has become the latest large company to reduce its workforce over the artificial intelligence boom, offering buyouts to tens of thousands of employees.

The company said on Monday that some 60,000 employees are eligible for the buyout. Those reached are in the U.S., Canada, India and the UK and have an experience level of 70 or below.

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