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Microsoft plans first voluntary employee buyout in company's 51-year history

17 pointsby 4mo agocnbc.com
4 comments
4mo agoHN ↗

Microsoft’s one-time retirement program will be open to U.S. workers at the senior director level and below whose years of employment and age add up to 70 or more.

looks like a mechanism to clear out some L65+'s

4mo agoHN ↗

Today I learned that "senior director" is apparently L67. (I guess it's not a title you typically see on product teams.)

4mo agoHN ↗

I guess they had to do the 'voluntary' bit as otherwise they are likely looking at a class action lawsuit claiming blatant age discrimination.

If you are eligible though, I wonder just how 'voluntary' the process actually is, esp if the company tells you that a PIP is coming otherwise (of course in a nice, legally defensible way)