MICROSOFT OFFERS BUYOUTS TO 60,000 WORKERS

Microsoft is offering buyouts to about 60,000 employees in a fresh round of cost cuts tied to its push into artificial intelligence. The offer targets vice president level and below across the US, Canada, India and the UK, excluding data center, sales and marketing teams. Microsoft had 223,000 employees at the end of June, so the program could touch roughly a quarter of the entire company even as $MSFT keeps raising capital spending on AI data centers.