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Microsoft, the leading software company, is offering voluntary severance packages to around 60,000 employees across Canada, India, the United Kingdom, and the United States. This move comes as the tech giant intensifies its focus on artificial intelligence. The offer, which Microsoft's head of human resources, Amy Coleman, disclosed in a blog post, is a first for the company.

Coleman emphasized that they would learn from this experience while continuing to support employees in focusing on the most critical work, acquiring new skills, and finding new roles within Microsoft where appropriate. As of the end of June, Microsoft employed approximately 223,000 full-time staff, theoretically covering over a quarter of its workforce.

However, the company expects the acceptance rate to be significantly lower than the 30 percent offered in a previous voluntary retirement package, as reported by Bloomberg. Microsoft had initially planned to offer severance to around 8,750 employees in May, which represented 7 percent of its US workforce. In July, the company announced it would be cutting 4,800 jobs, equivalent to 2.1 percent of its global workforce.