Microsoft "Buyout" Offer is Less Than One Year's Salary
Based on Bill Epsteingate-funded (and pro-Microsoft) media some hours ago:
Alex Halverson's original headline was, "Microsoft’s $900M early retirement program takes shape"
Based on Microsoft’s own statement (take with gain of salt, they save face), about 9,000 American workers that are senior are being targeted by "buyouts" (if they don't take these, Microsoft will likely PIP or pink-slip them later, so they'll be worse off). Based on the figure above, that's about 100,000 dollars per worker targeted (approached with an offer to leave).
Based on the leaked salary-per-band range (leaked around 2023, then again later), for people senior enough to have spent decades at Microsoft the annual salary is well over $200,000 per year.
Assuming only 50% will take this "buyout" offer, they'll receive less than a year's salary to "retire" early.
That's not a lot better than severance for people who have accrued decades' worth.
So our assumption about this was correct.
This company is a dumpster fire pretending to be making a lot of money by fraudulent accounting practices, including circular financing. █
Earlier today: Microsoft Debt Rose Almost $50 Billion Since We Moved to Debian
