Microsoft offers voluntary exit to nearly 60,000 employees
Microsoft announced an extraordinary voluntary exit offer, targeting nearly 60,000 employees across departments. Software engineers and staff in HR and Legal received emails asking them to consider voluntary retirement. Nearly 27 per cent of the entire Microsoft workforce has been put on a soft notice, signalling that over one fourth of its employees are no longer needed, reportedly because AI…
Key points
- Microsoft offers voluntary exit to nearly 60,000 employees
- Proton CEO says 2026 will be last year hiring engineers
- Anthropic files S-1 for IPO expected November 15
Proton’s CEO said 2026 would be the last year he would hire an engineer. AI, largely Anthropic Claude, is generating almost 90 per cent software code within Proton, so the company plans to give AI tools to product managers and let them handle entire work from A to Z. The article notes that AI agents, driven by tools like ChatGPT and Claude, are now so good that many office roles can be done autonomously.
Google is pushing AI summaries in search results, reducing clicks and search traffic, which has hurt revenue and caused its stock to fall over $500 billion in market cap. Reddit announced it would disable all access unless users are registered, citing AI as the reason. Anthropic filed an S-1 for an IPO expected around November 15, reporting a quarterly revenue of over $16 billion and cash of over $123 billion.
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2 episodes →- Microsoft offers voluntary exit to nearly 60,000 employeesthis story
Will it, won't it? Microsoft and Proton indicate AI will lead to job troubles
indiatoday.in · 1 November 2026
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