Microsoft offers buyouts to 7% of US workforce amid AI investments
Microsoft has initiated a buyout offer targeting approximately 7% of its United States workforce.The company is focusing on long-serving employees, offering them early retirement options.This move is part of Microsoft's broader strategy to reallocate resources towards aggressive investments in artificial intelligence technologies.The buyout offer was confirmed on April 23, 2026, and represents a significant workforce adjustment within the company.Microsoft aims to streamline its operations to better support its AI development goals.No immediate details on the total number of employees affected or the financial terms of the buyouts have been disclosed.The company has not reported any disruptions to its operations as... [Continue Reading]
360LiveNews | 23 Apr 2026 22:02 LONDON
Rishi Sunak warns AI is flattening UK jobs market for young people
Former UK Prime Minister Rishi Sunak has highlighted the impact of artificial intelligence (AI) on the UK jobs market, particularly for young people seeking entry-level positions.He stated that AI is causing a flattening in job growth, making it harder for graduates to find roles in sectors such as law, accountancy, and the creative industries.Sunak, now an adviser to AI firms Anthropic and Microsoft, noted that company executives have privately acknowledged a slowdown in recruitment of young workers due to AI-driven efficiencies.He described this trend as "flat is the new up," indicating businesses can grow without significantly increasing employment.In response to... [Continue Reading]
360LiveNews | 23 Apr 2026 05:32 LONDON
