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The Kobeissi Letter @KobeissiLetter · Oct 26

BREAKING: Microsoft, $MSFT, is offering buyouts to 60,000 workers as part of the company’s efforts to cut costs amid AI adoption, per Bloomberg.

Personnel on select teams in the US, Canada, India, and the UK at a vice president level and below will be eligible.

This reflects ~27% of Microsoft's total workforce.

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