Microsoft offers buyouts to 60,000 employees as AI spending mounts

Tech giant looks to cut a quarter of its global workforce to contain costs Like other tech giants, Microsoft is spending hundreds of billions of dollars on AI data centers and chips, drawing scrutiny from investors over whether the returns will justify the staggering cost. © Reuters (Reuters) -- Microsoft said on Monday it is offering voluntary buyouts to about 60,000 employees, or more than a quarter of its global workforce, as the technology giant looks to contain costs and help fund its massive AI investments.