Microsoft is offering buyouts to around 60,000 employees, the company confirmed to TechCrunch on Monday. The move marks Microsoft’s latest efforts to cut costs and rework its workforce for the AI age.

Microsoft’s Chief People Officer, Amy Coleman, sent employees a note about the buyouts, which was also published on the company’s website.

Employees at the vice president level and below on select teams in the United States, Canada, India, and the United Kingdom will be eligible, according to the note. Bloomberg reports that divisions including Xbox, Windows, Copilot and Finance are participating in the buyout offer. Some employees, including those working in data centers, sales and marketing, are excluded.

The news was first reported by Business Insider .

“The Voluntary Exit Offer reflects an important part of how we’re evolving our approach to change: creating greater flexibility and, where possible, more ways for employees to shape their next chapter,” the note to employees reads.…