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Microsoft buyout offer reaches 60,000 workers, with few expected to leave
Microsoft offered voluntary buyout packages Monday to about 60,000 employees, nearly a quarter of its workforce. The company expects only a fraction of those offered packages to accept and depart.
Microsoft offered buyout packages Monday, Oct. 26, to about 60,000 employees — nearly one-quarter of its workforce — but expects only a fraction to take them and leave the company.
The program was announced at the company’s Redmond headquarters. The number of offers signals a broad voluntary departure initiative, though Microsoft’s expectation of low uptake suggests it does not anticipate tens of thousands of employees exiting through the program.
The offer’s terms, eligibility criteria and deadline were not specified in the available announcement. The scale of participation will determine how much the program changes staffing at one of the Puget Sound region’s largest employers.