this post was submitted on 29 Oct 2026
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Microsoft posts $92.3bn quarterly revenue after offering buyouts to 60,000 employees (www.theguardian.com)
submitted 4 hours ago by Orwi@programming.dev to c/technology@lemmy.world
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[–] schipelblorp@sh.itjust.works 10 points 3 hours ago (1 children)

The quarterly earnings report comes two days after Microsoft offered voluntary buyouts to about 60,000 employees, roughly a quarter of its workforce, as the tech giant spends heavily on artificial intelligence investments.

Implies that they are getting replaced by bots.

[–] AntOnARant@programming.dev 11 points 3 hours ago* (last edited 3 hours ago) (1 children)

Not to me, this implies to me that they overspent on AI and they now need to claw back some money.

[–] WhatAmLemmy@lemmy.world 7 points 2 hours ago

I guarantee they are essentially offshoring most of these roles; as in they'll focus on hiring in India and SEA moving forward.

They already employ a massive number offshore.