Microsoft offers buyouts to around 60,000 employees to contain costs

China Global Television Network (CGTN) - Oct 27, 2026

Microsoft said on Monday that it is offering voluntary buyouts to about 60,000 employees, or more than a quarter of its global workforce, as the technology giant looks to contain costs and help fund its massive AI investments.

Read full article

More News

Oct 27, 2026

Yukon photographer captures footage of caribou carrying dead rival in its antlers

WARNING: This story contains graphic images of wildlife. Wildlife photographer Peter Mather said he was “shocked” to find a pair of bull caribou with antlers locked together, one of them dead, in the mountains south of Whitehorse earlier this month. He captured what happened as other wildlife fed off the carcass, still attached to the other bull.

Oct 27, 2026

In the A.I. ‘Robogym,’ Machines Train to Be More Like Humans

Germany’s Neura is one of the companies at the forefront of efforts to use artificial intelligence in robotics, and crucial to whether Europe can close the gap with China.

Oct 27, 2026

Agentic AI could strengthen financial-crime prevention, but governance, cost hurdles limit adoption: McKinsey

Agentic artificial intelligence (AI) could reduce the time banks spend on know-your-customer (KYC) processes by 30 to 70 per cent, improving efficiency in financial-crime prevention, but high human oversight costs and challenges related to governance and accuracy continue to hinder its wider adoption, according to a report by McKinsey & Company.