Microsoft plans first voluntary employee buyout: Report

Microsoft is planning its first voluntary employee buyout in the Windows maker's 51-year history, CNBC reported ‌on Thursday.

The ⁠one-time ⁠retirement program will ​be open to US workers at the ​senior director level and below, whose years ​of employment and ⁠age add ‌up to ​70 ​years or more, ⁠CNBC reported, citing a memo.

Employees with ​sales incentive plans cannot ​participate.


Microsoft is also adjusting the way it doles out stock to employees for ‌annual rewards, the report said. It will ​no ​longer make ⁠managers tie stock directly to cash bonuses.

Microsoft did not immediately respond to a Reuters request for comment.