Microsoft Offers Mass Buyouts For Roughly a Quarter of Its Workforce

An anonymous reader quotes a report from The Seattle Times: Microsoft is offering buyouts to about 60,000 employees, or roughly a quarter of its workforce, as the company tries to control its head count while avoiding layoffs. The Redmond-based tech giant announced Monday morning that eligible employees at the vice president level and below in the U.S., Canada, India and the United Kingdom would receive a "voluntary exit offer" of a standard severance package, based on their location. In a mem