Microsoft plans voluntary severance program for employees

The one-time early retirement program is open to U.S. employees at the senior director level and below whose age and years of service add up to 70 or more, the U.S. broadcaster reported CNBC on Thursday, citing an internal memo.

“We hope this program gives those eligible the choice to take this next step on their own terms, with generous support from the company,” quoted CNBC Microsoft human resources manager Amy Coleman from the memo, which the TV station was able to see. Microsoft declined to comment when contacted by Reuters.