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Microsoft makes new ‘voluntary exit’ offer to about a quarter of its workforce, including some execs
Microsoft is offering buyouts to about 60,000 employees in the U.S., Canada, the U.K. and India, with no age or tenure requirement.
AI Summary
Microsoft has extended a voluntary exit offer to roughly 60,000 employees across the United States, Canada, the United Kingdom and India, with no restrictions based on age or tenure. The buyout package mirrors the company’s standard severance terms. Microsoft anticipates that the acceptance rate for this program will be considerably lower than the participation seen in its spring retirement initiative. The offer targets about a quarter of the firm’s global workforce, including several executives.
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