Business
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www.fastcompany.com
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7 hours ago
What Microsoft is offering laid-off employees in severance
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After announcing layoffs that impact 2.1% of its global workforce, Microsoft is providing most U.S. employees up to 39 weeks of base pay, according to severance offers reviewed by Business Insider. The U.S. severance package includes a minimum of 60 days of base pay and up to a maximum of 39 weeks of base pay for employees, based on seniority level and tenure at the company, Business Insider reported. Microsoft is also offering laid-off employees regular stock vesting for six to 12 months, based on their years of service. In addition, the company is offering six months of continued health i...
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