Article 755BV Microsoft offers voluntary retirement to long-serving employees

Microsoft offers voluntary retirement to long-serving employees

by
Tom Warren
from The Verge on (#755BV)
STK095_MICROSOFT_2_CVirginia_A.jpg?quality=90&strip=all&crop=0,0,100,100

Microsoft is changing up its annual rewards and performance programs today, and offering long-serving employees in the US the ability to voluntarily retire. It's the first time in Microsoft's more than 50-year history that the company has offered such a voluntary retirement program.

"Many of these employees have spent years, and in some cases, decades, shaping Microsoft into what it is today," says Microsoft's HR chief Amy Coleman in a memo seen by The Verge. "For those who may be considering their next chapter, we're offering a onetime Voluntary Retirement Program." Microsoft says it applies to only a "small percentage of our US employees ...

Read the full story at The Verge.

External Content
Source RSS or Atom Feed
Feed Location http://www.theverge.com/rss/index.xml
Feed Title The Verge
Feed Link https://www.theverge.com/
Reply 0 comments