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After laying off 15,000 employees in a year, Microsoft will now reportedly pay yet more employees to quit voluntarily in historic first [Yahoo! Finance]
Last microsoft corporation earnings: 4/29 04:06 pm
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US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Microsoft still isn't done with its workforce reductions, though this time it's apparently offering a friendlier way out for long-serving employees. The company is reportedly set to begin offering buyouts to a selection of employees in the US, essentially offering to pay them to retire early. This would be the first time in the company's 51-year history that a buyout option has been offered. About 7% of Microsoft's US workforce would be eligible for the buyout, according to a report from CNBC . The program only applies to employees whose age and years of employment combine to 70 or higher, so it's clearly targeted at the company's longest-serving workers – those who may already be considering retirement anyway. The report doesn't explain the exact terms of the buyouts, but these sorts of things typically involve the incentive of, say, several months of extra salary in exchange for your early retirement. In other words, it's a sort of soft layoff, but one that at least offers some
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