Microsoft offered 60 thousand employees to “voluntarily quit” for compensation
Translated with AI from the Russian original.
All against the backdrop of upcoming cuts at Xbox.
Microsoft has announced the launch of the Voluntary Exit Offer program, under which employees will be able to leave the company while receiving financial compensation and career planning assistance. The initiative will affect about 60 thousand people — approximately a quarter of the corporation’s total workforce.
Microsoft Chief People Officer Amy Coleman announced the program’s launch on October 26 in an internal message to employees published on the company’s official website.
This program provides employees who are considering a future outside the company with a new opportunity to move to the next stage of their career right now with our support. It also gives participating organizations an additional way to adapt their workforce to evolving needs.
The program is not available to all Microsoft employees. Workers at level 70 and below employed in the US, Canada, the UK, and India will be able to apply. At the same time, certain business units of the company decided not to participate in the initiative. The terms of the program are comparable to standard severance packages, reports Business Insider. Eligible employees must make a decision before early December.
Coleman emphasized that the program is voluntary and time-limited. The opportunity to take advantage of the offer depends on the priorities of the specific division, commitments to customers, and business needs.
It is still unknown whether the initiative extends to Xbox and Microsoft’s gaming studios. The company did not specifically clarify which divisions opted out of participating.
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