Microsoft offers voluntary exits to 60,000 employees after 4,800 layoffs

Microsoft has announced that it is offering a voluntary exit option to its employees. In a memo shared on Monday, the company said that it was introducing this limited-time offer for employees who may be willing to leave the company.

As per reports, roughly 60,000 workers, or about 27 per cent of Microsoft’s



global workforce, are eligible to take this voluntary payout. The voluntary exit option (VEO) was announced by Microsoft’s chief people officer, Amy Coleman.

From who is eligible for the voluntary exit plan to the potential severance package for those who choose to take it, here is all you need to know.