USA Business news: In the latest Tech updates, Microsoft is offering voluntary buyout offers to more than 60,000 employees in view of the company’s budget control and AI Investment. Read on this portal why Microsoft is laying off so many people in October-November 2026.
This is what they called the VEO voluntary exit offer, and it was available to staff who are at level 70 and below for the mentioned 4 countries, i.e Canada, India, UK, and USA.
According to a post on Reuters today, Microsoft has started offering buyouts to more than 60,000 employees of its own company. The reason behind these voluntary exit offers has been found to reduce the cost of operating the business and make it more efficient, which will help with the massive AI INVESTMENT strategy taking place.
In simple terms, this news tells about Microsoft asking its employees whether they want to exit the curent jobs postition by offering them a special packages. This started from 26th October 2026, and it targeted more than 60, 000 employees.
As you already know, Microsoft is a giant company and is world-famous for making Xbox games and other PC software. And what it has come to this news announces is that it is likely to cut one among 4 workers at Microsoft after these layoffs are completed, according to internet news.
Microsoft layoffs 60,000 employees – But Why?
According to the official reports from Microsoft, this layoff has been taking place to employees in the Indian, USA, Canada, and UK regions. This announcement of the voluntary exit offer (VEO) just arrived on n 26th October 2026.
But why is this massive layoff taking place at Microsoft? It is for the reason of reducing costs and invest in artificial intelligence infrastructure construction and data centre creation.
The company now thinks that it really costs a lot to pay many workers, but when it is reduced, they can pay fewer workers and contribute more to investing in AI infrastructure building and warehouse construction for data centers.
Another reason why this layoff is taking place is the XBOX division restructuring.
Did Microsoft layoffs take place in India?
In India, the total number of Microsoft employees is around 23,000, and it is not clear as of now whether there will be job cuts due to the voluntary exit offer, and the last date to decide on this layoff offer is up to December 1, 2026.
As this layoff is taking place in another country also and its target is 60,000 people, it is to be decided how many indian workers quit these jobs.
In conclusion, in this USA business news article, all about the Microsoft layoff that is taking place to cut 60,000 staff, has been provided in detail. It is also expected that by the beginning of 2027, it will be completely known how many voluntarily accepted the exit offer and how many did not.r more such latest USA news updates, stay tuned with us.
Reference Links
- Official Microsoft Blog: Introducing a Voluntary Exit Offer