Microsoft has announced its first-ever voluntary employee buyout, which could reach approximately 7% of the company's workforce, amounting to roughly 8,750 employees.
The buyout, first reported Thursday by CNBC, is aimed at U.S.-based employees at the senior director level and below whose ages plus years of service total at least 70. Some workers on sales incentive plans are excluded. Microsoft chief people officer Amy Coleman reportedly said the idea is to give eligible employees a chance to leave "on their own terms" with company support.
