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Microsoft Offers Voluntary Departure Package to Cut Costs
Microsoft has launched a voluntary departure program for employees in the US, Canada, India, and the UK as part of cost-cutting efforts. The offer aims to provide flexibility for employees seeking to leave the company under structured terms.
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What happened
- 01Microsoft is offering a voluntary departure package to cut costs and manage workforce changes.
- 02The program is available to approximately 60,000 employees in the US, Canada, India, and the UK.
- 03Amy Coleman, VP of HR for the US, announced the plan, citing flexibility and career transition.
- 04Severance terms are expected to be similar to the company's standard packages.
- 05Microsoft employees in Israel are not included in this voluntary departure offer.
- 06Layoffs of dozens of employees are reportedly being considered for Microsoft's Israel operations.
Employees in Israel are not currently included in this program, though potential layoffs have been reported there.
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