MICROSOFT WILL OFFER BUYOUTS TO 60,000 EMPLOYEES

Summary from the TLDR newsletter

Microsoft is extending voluntary buyout offers to 60,000 employees in Canada, India, the UK, and the US. The program is time-limited. It provides eligible employees with financial support and career planning services. Microsoft expects less than 30% of employees will accept the latest buyouts. The voluntary retirement program is part of a broader shift by Microsoft to alter its performance system and how it awards bonuses and stock options.