Microsoft announces voluntary exit offer for employees in India, 3 other countries
Microsoft's voluntary exit offer (VEO) targets employees at level 70 and below across participating teams in four countries. The package includes one month's base salary per completed year of service, health insurance and career transition services. While the company did not specify India participation numbers, approximately 23,000 Microsoft employees work in India, with the global eligible pool around 60,000. The initiative is framed as providing flexibility to employees considering external opportunities, though it represents a restructuring of the workforce.
Key points
- Voluntary exit program for employees level 70 and below in India, US, UK, Canada
- Package includes severance (1 month per year), health insurance and career support
- Around 60,000 employees globally eligible; 23,000 employed in India
- India deadline for decision: December 1
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