Microsoft Offers Voluntary Buyouts to Around 60,000 Employees Across Four Countries

What happened

Microsoft is offering voluntary buyouts to around 60,000 eligible employees in select teams across the U.S., Canada, U.K., and India, according to reports summarized by Baoyu and a company announcement. The program covers employees at level 70 and below, with compensation comparable to standard severance; employees have until early December to decide, with departures planned for year-end. Microsoft says the voluntary program does not replace potential layoffs.

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The story so far

Microsoft has offered voluntary buyouts to about 60,000 eligible employees in selected teams across the United States, Canada, the United Kingdom and India, with compensation comparable to standard severance. Eligibility is limited to employees at internal level 70 and below whose teams participate in the program. Microsoft’s internal message said team participation depends on business priorities, customer commitments and staffing needs. Eligible employees will receive an email and have until the first week of December to decide. According to a memo viewed by Business Insider, those who accept will leave at year-end. Microsoft said the voluntary program does not replace potential layoffs.