Microsoft offers buyouts to 7% of US staff

 Microsoft offers buyouts to 7% of US staff. In the latest sign that tech jobs are not as stable as they once were, Microsoft will offer buyouts to US workers at the senior-director level and below whose years of employment and age add up to 70+. The voluntary retirement program is the first in the history of the 51-year-old company, which, like its fellow tech giants, is committing tons of cash to developing AI. Microsoft is also updating how it awards bonuses and stock options. Meanwhile, Meta confirmed yesterday that it will lay off about 10% of its workforce, cutting about 8,000 jobs.