T wo major tech companies are trimming their workforce as part of plans to cut costs and focus on growth areas. In the United States, Microsoft has launched a voluntary exit programme for about 60,000 employees worldwide. This represents about 27 percent of its 223,000 workforce. The move comes just days before the company is expected to release its first quarter earnings for fiscal year 2027. The company says it needs to control its operating expenses as it plans to spend about $175 billion this year on new technology, especially artificial intelligence infrastructure. The buyout offer is for employees at Level 70 and below in its software, human resources and gaming units, including Xbox and Copilot teams. It covers workers in the United States, Canada, India and the United Kingdom. Staff in data centres and sales teams are not affected. Microsoft says the plan will help protect its profit margin, which currently stands at about 46.8 percent. The same cost-cutting trend is playing ou...