Microsoft employees in India can now opt for a buyout: Who qualifies and what it pays
Microsoft is offering buyouts to around 60,000 employees, over a quarter of its workforce, in India, the US, the UK and Canada. HR head Amy Coleman announced the Voluntary Exit Offer in a memo to staff. The package matches standard severance, which can run up to 39 weeks of pay. Xbox, Copilot and Windows teams are...
Key Takeaways
- Microsoft is offering buyouts to around 60,000 employees, over a quarter of its workforce, in India, the US, the UK and Canada.
- HR head Amy Coleman announced the Voluntary Exit Offer in a memo to staff.
- The package matches standard severance, which can run up to 39 weeks of pay.
Microsoft is offering buyouts to around 60,000 employees, over a quarter of its workforce, in India, the US, the UK and Canada. HR head Amy Coleman announced the Voluntary Exit Offer in a memo to staff. The package matches standard severance, which can run up to 39 weeks of pay. Xbox, Copilot and Windows teams are eligible, sales is excluded, and the deadline is December.
Original Publisher Attribution
This summary was curated from Times of India.