Microsoft has extended a voluntary exit offer to about 60,000 employees across the US, Canada, India and the UK, covering workers at experience level 70 or below. Executive vice president Amy Coleman announced the program on the company blog, describing it as building on an earlier voluntary retirement offer from April that was open to about 7% of US staff and saw over 30% uptake. Eligible employees are being notified by email with program details.
tomshardware.com
· 2026-10-27
Microsoft is offering voluntary buyout packages to roughly 60,000 employees, encouraging staff to leave the company rather than pursuing direct layoffs. The offer comes around the same time Skydance is separately seeking volunteers to depart its own workforce.
wsj.com
· 2026-10-27
Microsoft has extended a voluntary exit offer to roughly 60,000 employees at level 70 and below in the US, Canada, India and the UK, according to sources cited by CNBC. The program expands on a smaller buyout round launched in April, which Microsoft called its first Voluntary Retirement Program in 51 years, and includes financial support and job-placement assistance. The eligible group represents about 27% of Microsoft's 228,000 global employees as of June 2025.
techspot.com
· 2026-10-27
Microsoft is offering a voluntary exit package to roughly a quarter of its global workforce, covering eligible employees at level 70 or below in the US, India, Canada and the UK. Chief People Officer Amy Coleman said eligible organizations were chosen based on each business's priorities, customer commitments and workforce needs. This follows an earlier 2026 retirement offer to 8,750 US employees in April and July layoffs of 3,200 Xbox staff.
arstechnica.com
· 2026-10-26
Microsoft has introduced a voluntary buyout program for workers in several of its large business divisions, giving them a limited window of a few weeks to decide whether to accept. The move is part of the company's broader effort to cut costs.
fastcompany.com
· 2026-10-26
Microsoft is giving as many as 60,000 employees across the US, UK, Canada, and India the option to take a voluntary exit package that includes financial support and career planning help, chief people officer Amy Coleman said in a staff memo. Eligible groups include AI experiences, Copilot, CoreAI, Windows and Devices, Xbox, finance, and HR, while marketing, commercial sales, security, and some other teams are excluded or only partially included.
theverge.com
· 2026-10-26
Comcast's Q3 2026 results showed total revenue of $29.3 billion, down 6.1% year over year, alongside a loss of 144,000 domestic residential broadband customers. The company gained 368,000 wireless lines in the same period, and CFO Jason Armstrong confirmed plans to expand AI agents across customer service operations. Reports indicate Comcast is preparing job cuts within its cable business as part of a broader restructuring.
techspot.com
· 2026-10-25
Netflix continues to retain large audiences for its programming, but analysts note the streamer has lost the outsized cultural conversation it once dominated. The report points to Netflix's massive output of original content, including a second film titled War Machine, as evidence of scale without the same pop-culture impact.
fastcompany.com
· 2026-10-24
Barclays has become the latest major company to reduce its workforce, citing efficiency gains tied to artificial intelligence investment. The move follows a pattern across industries this year where firms are cutting jobs or slowing hiring while redirecting spending toward AI infrastructure and capabilities.
fastcompany.com
· 2026-10-23
American Express has announced layoffs affecting thousands of positions, attributing the cuts to its adoption of artificial intelligence tools. The move follows Barclays' announcement a day earlier that it would cut about 5,000 jobs, roughly 5% of its workforce, as part of a similar AI-driven restructuring.
fastcompany.com
· 2026-10-23
The author recounts being laid off from a tech job on 18 August during a company restructuring, after being called into an unexpected 1:1 meeting and given until lunch to say goodbyes. Still in a probation period, they received two weeks of paid leave before becoming unemployed for the first time in about ten years. Soon after, they fell ill with suspected Covid, which triggered a pre-existing autoimmune condition, leading to weeks of exhaustion before cortisone treatment brought relief.
tilschuenemann.de
· 2026-10-23
Electronic Arts is reducing its global workforce by about 3%, roughly 400 positions, and closing BioWare, the 31-year-old studio known for the Mass Effect series. The cuts add to a wave of layoffs that has hit the gaming industry since 2022.
fastcompany.com
· 2026-10-22
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