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Severance Package

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Microsoft extends voluntary buyout offer to about 60,000 employees

Microsoft's Chief People Officer Amy Coleman told staff the company is offering voluntary exit packages to roughly a quarter of its workforce, covering select employees at level 70 and below in the U.S., U.K., Canada and India. A company spokesperson said the terms mirror standard severance, including tenure-based pay, stock, health care and career services, and that eligibility was set by individual organization leaders, excluding groups like sales.