Microsoft offers voluntary exit packages to 60,000 employees globally

Microsoft has initiated a voluntary exit scheme for its workforce across four major markets, including India, as the software giant continues to streamline operations. The programme, which could encompass approximately 60,000 employees, provides staff with the option to voluntarily leave their positions with separation packages.

The scheme is being rolled out simultaneously in India, the United States, the United Kingdom and Canada, reflecting a coordinated global approach by the company. The voluntary nature of the programme allows employees to decide whether to participate, distinguishing it from involuntary layoffs.

This move comes as Microsoft, like many technology firms, reassesses its workforce strategy in response to changing market conditions and business priorities. The company has not disclosed specific details regarding the composition of the exit packages or the expected uptake rate among eligible employees.

The initiative represents one of the largest voluntary separation offers in the technology sector in recent times, signalling Microsoft's commitment to rightsizing its global operations while providing employees with choices regarding their employment futures.