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Microsoft is making this first-ever move to cut workforce size amid the AI shift

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Why This Matters

Microsoft's decision to offer voluntary buyouts marks a significant shift in its workforce strategy amid the broader AI-driven transformation in the tech industry. This move highlights the industry's ongoing adjustments to new technological paradigms and economic pressures, impacting both employees and the company's future direction.

Key Takeaways

Some employees are being offered a voluntary buyout, following recent mass layoffs in the tech industry. Microsoft is offering voluntary buyouts to select employees, it announced in a memo on Thursday, CNBC reported. The move is a first for the company, as the tech industry at large faces shifts in the era of artificial intelligence.