Microsoft offers voluntary buyouts to 60,000 employees as AI leads to efficiency push

Microsoft has introduced a Voluntary Exit Offer, providing a financial incentive for 60,000 employees - around 25% of its total workforce - to leave their jobs voluntarily. The offer, announced by Microsoft CPO Amy Coleman, aims to help employees navigate potential layoffs and offers career planning resources. Eligible workers in Canada, India, the UK, and the US at level 70 and below can take advantage of this program, which is set to run until earlier December.

While Xbox is exploring a significant workforce reduction, it is unclear if the studio is participating in the voluntary exit offer. Xbox recently underwent a major restructuring, cutting over 3,200 jobs and restructuring several of its first-party studios.