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Employees in the US, Canada, India, and the UK may receive offers to leave MS today.

Microsoft is offering voluntary buyouts to more than a quarter of its staff, some 60,000 people, as it looks to defray the cost of AI and data center spending. The buyouts will be offered to staffers at the vice president level or below in the U.S., Canada, India and the U.K. The Xbox, Windows, Copilot […]

An employee buyout offer is reportedly being extended to roughly 60,000 Microsoft employees in the US, UK, India, and Canada.

Microsoft has offered 60,000 employees, or about 27% of its global workforce, voluntary buyouts as the software giant spends heavily on artificial intelligence.

The cabinet announced that it wants to get rid of 25,000 full-time jobs by 2035.

Amex, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, CEO Stephen Squeri said Friday.

For decades, federal Pell Grants have helped millions of students from low- and middle-income families afford college. Now, for the first time, that financial aid will also be available for short-term vocational training programs designed to help students enter the workforce. Stephanie Sy reports on the rollout of Workforce Pell for our series, Rethinking Co

EBay will lay off 9% of its workforce, or about 1,000 employees, as it works to focus on its "top strategic priorities."

eBay will lay off about 9% of its workforce as the online marketplace looks to simplify operations and shift resources to its fastest-growing areas, CEO Jamie Iannone told staff in a memo that was reviewed by Reuters.