Trending
Prev Story
Next Story

Microsoft to offer buyouts to 60,000 workers in new AI cost cut

The Australian Financial Review (AFR) •
October 26, 2026 • 08:11 PM
1
1 reads 0 reactions

The software giant said the buyouts will be available to certain workers at a vice presidential level and below, following waves of layoffs in recent years.

Microsoft to offer buyouts to 60,000 workers in new AI cost cut

San Francisco | Microsoft will offer buyouts to about 60,000 workers, part of the company’s efforts to trim costs and retool its workforce for the artificial intelligence era.

Some personnel in the US, Canada, India and the UK at a vice president level and below will be eligible, said a Microsoft spokesperson.

Gift articles to anyone you choose each month when you subscribe.

Prev Swipe Story Next

Same Story from Other Publications

Compare how 6 other independent news outlets reported on this story.

6 Publications
The Age
1h ago
Microsoft’s global outage and fixes: What we know

Microsoft’s global outage and fixes: What we know

Some of Microsoft’s most popular products, including Outlook, Teams and Copilot, stopped working across the world. Burt the company says it is seeing “encouraging recovery progress”.

#microsoft
Compare →
SBS News Australia
3h ago
Microsoft says sorry for 24 hours-long global outage

Microsoft says sorry for 24 hours-long global outage

Microsoft said ⁠server issues were behind the incident but there was no malicious activity.

#microsoft
Compare →
Al Jazeera English
3h ago
Microsoft says services still returning amid widespread outage

Microsoft says services still returning amid widespread outage

Governments, businesses, individuals were disrupted globally as server failures stretch into second day.

#microsoft
Compare →
BBC News
3h ago
Watch: How the Microsoft outage affected North America

Watch: How the Microsoft outage affected North America

The BBC's Nadine Yousif's reports that Microsoft services like Outlook are slowly coming back online, but the company noted users "may still experience intermittent access issues".

#microsoft
Compare →
The Guardian
4h ago
How Microsoft outage has affected key public services in the UK

How Microsoft outage has affected key public services in the UK

Hospitals, GPs, police forces and property agents have had to find a workaround for Microsoft packages

#microsoft
Compare →
ABC News Australia
4h ago
Microsoft 'deeply sorry' for global outage, reports 'broad recovery' of services

Microsoft 'deeply sorry' for global outage, reports 'broad recovery' of services

Microsoft rules out any malicious "cyber or AI" activity after a worldwide outage disrupted healthcare services, delayed corporate earnings reports and left schools struggling to communicate.

#microsoft
Compare →

Related Stories

Technology
Build #2612