Microsoft has announced a voluntary exit offer for eligible employees in India, the US, UK and Canada, covering around 60,000 staff globally. Eligible Indian employees reportedly have until December 1 to decide. The package is understood to include severance pay, health insurance and career support. Microsoft says participation will depend on individual teams' business needs.

New Delhi, Oct 26: Microsoft on Monday announced a voluntary exit programme for eligible employees in India, the US, the UK and Canada, offering financial support and career planning resources to those opting to leave the company, according to a blog post by the tech giant.

Microsoft has about 23,000 employees in India, although there is no immediate clarity on how many of them would be eligible for the voluntary exit programme. Globally, around 60,000 employees are eligible.

It is learnt that eligible employees in India will have until December 1 to decide on the voluntary exit offer.

Voluntary Exit Package And Eligibility

The package is understood to be similar to a standard severance arrangement, including one month's base salary for every completed year of service, along with health insurance and career transition services.