TheGridNet
The Baltimore Grid Baltimore

Microsoft offers a quarter of its global workforce voluntary buyouts as AI spending accelerates

Microsoft has offered 60,000 employees, or about 27% of its global workforce, voluntary buyouts as the software giant spends heavily on artificial intelligence.Chief People Officer Amy Coleman said in Microsoft has offered voluntary buyouts to around 27% of its global workforce, or about 60,000 employees, as the company increases its focus on artificial intelligence. The voluntary exit offer is available to eligible employees in Canada, India, the UK and the United States. The company had approximately 223,000 full-time employees at the end of June. In May, Microsoft planned to offer buyouts for about 7% of U.S. workforce, and in July, it announced it was cutting 4,800 jobs, or approximately 2.1% of global workforce. Shares of Microsoft Corp. hit an all-time high this month.

Microsoft offers a quarter of its global workforce voluntary buyouts as AI spending accelerates

Publié : il y a 18 heures par jlaur dans Business Tech

Microsoft has offered 60,000 employees, or about 27% of its global workforce, voluntary buyouts as the software giant spends heavily on artificial intelligence.

Chief People Officer Amy Coleman said ... [1190 symbols]


Les sujets: AI

Read at original source