UPDATED MON 26 OCT · 19:16 UTCLIVE
CryptoHigh

Microsoft Offers 60,000 Employees Voluntary Exit

Microsoft is offering voluntary termination packages to ~60,000 employees (roughly 1 in 3 of its workforce), explicitly linked to AI adoption-driven cost restructuring — the first such offer in company history.

What we know

An account on X reported the unprecedented scale: 60,000 employees across India, the US, Canada, and the UK at level 70 or below are being targeted. Another account on X confirmed via Bloomberg that the cost-cutting is directly tied to AI adoption. This coincides with Anthropic's massive IPO announcement, underlining the AI-driven reallocation of enterprise tech spending happening in real time.

By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.