Browsing: buyouts

Microsoft is offering buyouts to 60,000 employees — roughly a quarter of its global workforce — as the company looks to slash costs while investing heavily in artificial intelligence. The tech giant based in Redmond, Wash., has offices throughout the world, including in California. Microsoft didn’t indicate how many California employees are eligible for the…

Skydance Corp. is offering some employees a one-time voluntary buyout, a move that comes nearly three weeks after Paramount Skydance closed its $111-billion acquisition of Warner Bros. Discovery. The David Ellison-led entertainment giant, which took the Skydance name when the deal closed Oct. 6, sent a memo Monday to employees, noting that the buyout offer…