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Microsoft offers mass buyouts for roughly a quarter of its workforce
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Microsoft offers mass buyouts for roughly a quarter of its workforce

The Seattle Times The Seattle Times·Alex Halverson·3 days ago
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Microsoft is offering buyouts to about 60,000 employees, or roughly a quarter of its workforce, as the company tries to control its head count while avoiding layoffs.

The Redmond-based tech giant announced Monday morning that eligible employees at the vice president level and below in the U.S., Canada, India and the United Kingdom would receive a “voluntary exit offer” of a standard severance package, based on their location. They’ll have until early December to decide.

In a memo to employees, Microsoft Chief People Officer Amy Coleman said the move was building off the voluntary retirement program earlier this year , which was available to more than 8,700 U.S.-based employees, roughly one-third of whom took the offer.

“This offer gives eligible employees who may be considering a future outside the company a new choice to make that transition now with support,” Coleman wrote.…

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