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 company's voluntary exit offer was available to eligible employees in Canada, India, the United Kingdom and the United States, the company's Chief People Officer Amy Coleman wrote in a blog post Monday.
“The Voluntary Exit Offer is new for us,” Coleman wrote. “We’ll learn from it. At the same time, we’ll keep helping people focus on the work that matters most, build new skills and, where it makes sense, find new opportunities across Microsoft.”
The company, which releases its quarterly financial results Wednesday, had approximately 223,000 full-time employees at the end of June.
Shares of Microsoft Corp., based in Redmond, Washington, hit an all-time high this month. The stock rose about 1% on Monday.
In May, Microsoft planned to offer buyouts to about 8,750 people, or 7% of its U.S. workforce, according to two people familiar with the plan who were not authorized to speak about it publicly. In July, the company said it was cutting 4,800 jobs, about 2.1% of its global workforce, including a large number of workers at its Xbox video game business.
The gusher of investment in data centers — likely topping $700 billion this year — to power artificial intelligence has made memory chips, computer processors and other equipment, as well as electricity, more expensive. Economists expect it will continue to push up inflation at least through the end of this year.
Microsoft has been ramping up its AI capabilities for several years. In 2024 the company revealed a new class of AI-imbued personal computers that centered on fusing its AI assistant, called Copilot, into the Windows operating system for PCs, where Microsoft already has the eyes of millions of consumers.
And in October 2025 Microsoft introduced a new artificial intelligence character called Mico, a floating cartoon face shaped like a blob or flame that embodies the software giant’s Copilot virtual assistant.
FILE - People attend a showcase event of the company's AI assistant, Copilot, ahead of the annual Build developer conference at Microsoft headquarters, Monday, May 20, 2024, in Redmond, Wash. (AP Photo/Lindsey Wasson, File)
PARIS (AP) — France’s government pledged on Monday to replace its national online university admissions platform in 2028, seeking to quell student anger after weeks of mass protests over education and living costs.
Higher Education Minister Philippe Baptiste announced “substantial change” to the platform for 2027, before its replacement the following year.
The concessions target the school grievances that helped ignite the unrest. But the movement has widened to include workers demanding relief from rising living costs, making the government’s task broader than resolving a dispute over university admissions.
The announcements followed France’s worst unrest in years on Oct. 17, when demonstrations over school funding and rising living costs descended into rioting and looting across the country. Groups of protesters set fires, stormed public buildings — including Marseille’s City Hall — looted shops and clashed with police. About 2,400 people were arrested over that weekend.
Two high school student groups welcomed some concessions but called for protests to continue. Their representatives spoke after meeting with Prime Minister Sébastien Lecornu earlier Monday, before the ministers’ news conference. Further demonstrations have been planned for Oct. 31, before nationwide strikes and protests called by labor unions for Nov. 5.
The 2028 deadline puts a central concession to protesters beyond President Emmanuel Macron’s time in office, leaving his successor’s government to deliver it. Macron can't seek a third consecutive term in 2027, and far-right leader Marine Le Pen leads polling for the first round of the presidential election on April 18. A second round will be held May 2 if no candidate achieves a majority.
The university admissions replacement system still has to be designed, and legal changes may be needed — leaving crucial decisions unresolved even as the government seeks to persuade students to end their protests.
The system, called Parcoursup, handles applications to universities and other higher education courses. It has been a focus of the protests, with students criticizing unclear selection criteria and unequal access to their preferred courses. For the 2027 admissions round, institutions would have to publish more detailed selection criteria and explain rejections when applicants request reasons.
The government also promised 15,000 additional places in higher education, introduced across 2027 and 2028, and increases in student grants linked to inflation from the start of the 2027 academic year.
Another round of nationwide demonstrations on Saturday saw less violence. Authorities estimated turnout at more than 400,000, while organizers put it at nearly 800,000.
Protesters attend a demonstration against rising living costs in Strasbourg, France, Saturday, Oct. 24, 2026. (AP Photo/Jean-Francois Badias)
A protester holds a French flag during a demonstration against rising living costs in Strasbourg, France, Saturday, Oct. 24, 2026. (AP Photo/Jean-Francois Badias)
Protesters march during a demonstration against rising living costs in Paris, Saturday, Oct. 24, 2026. (AP Photo/Thibault Camus)
French President Emmanuel Macron addresses the media in Marseille, France, Monday, Oct. 26, 2026. (AP Photo/Aurelien Morissard, Pool)
French President Emmanuel Macron addresses the media in Marseille, France, Monday, Oct. 26, 2026. (AP Photo/Aurelien Morissard, Pool)
