Microsoft offers voluntary buyouts to around 60,000 staff as Xbox cuts continue

Microsoft is offering voluntary buyouts to around 60,000 employees, roughly 25% of its workforce, covering the US, Canada, India and the UK, though not every team is eligible. Business Insider reports there is no indication yet whether Xbox is affected, while Xbox chief Matt Booty previously said the division was roughly three-quarters of the way through cutting 3,200 staff. Microsoft chief people officer Amy Coleman called the Voluntary Exit Offer new for the company, after a prior voluntary retirement program offered buyouts to 9,000 staff with about a third accepting.