Headline is making me laugh cause it sounds like a press announcement for a new product
"The new Microsoft Voluntary Exit Offer, thinner, and lighter, with 20% slimmer bezels than before"
_wait_
The interesting question is what it means for the ineligible part of the company. Are they simply going to get another iteration of VEP later, or are they going to be hit by brutal layoffs at some point in the near future?
> 1–2 weeks’ pay per semester of tenure, based on level; six months of fully covered COBRA (remaining 12 months paid by you) and two vesting events in February and May.
> L65-L67 get 4w of pay per year of service, while L64 and below get 2w per year. I’ve been with MS for 10 years, so I qualify for the max payout of 39w.
> Eligibility this time is up to L70, not sure what the package is for L68-70.
“Eligible employees will receive an email with a link to their Voluntary Exit Offer details within the next few hours.”
It's something like - 3 months base salary - plus either 2 weeks or 1 month of pay per year of service (the former if you are at principal level or above) - 12 months health insurance
anyone know what level 70 means?