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About 60,000 Microsoft employees, more than a quarter of the company's workforce, can now choose to leave with a buyout, a Microsoft spokesperson told Business Insider. Whether a given person gets the offer depends on which part of Microsoft they work in.
Chief People Officer Amy Coleman introduced the Voluntary Exit Offer in a note to staff Monday that Microsoft also posted on its official blog. It covers employees at level 70 and below in participating teams in the U.S., Canada, India and the U.K. Not every organization is taking part, and Coleman wrote that participation depends on each business's priorities, customer commitments and workforce needs.
People familiar with the program told The Verge that Copilot, CoreAI, Windows + Devices, Xbox, finance and human resources staff are eligible, while marketing, commercial business, discovery and quantum, and security teams are sitting it out. Business Insider reported that sales organizations are excluded too.
Terms will resemble Microsoft's standard severance, the spokesperson said. When the company cut jobs earlier this year, its U.S. package started at 60 days of base pay and, for most employees, went as high as 39 weeks depending on seniority and tenure. Eligible staff have until early December to decide and would leave at the end of the year. Microsoft has no plans for another buyout at this time, the spokesperson added. |
