Washington, Oct. 26 -- Microsoft has extended buyout offers to approximately 60,000 employees across four countries, India, the United States, the United Kingdom, and Canada, as the tech giant moves to adjust its global workforce through a voluntary departure scheme.

In an internal memo sent to employees on Monday, Amy Coleman, Executive Vice President and Chief People Officer at Microsoft, announced the introduction of the Voluntary Exit Offer (VEO) for eligible staff within participating organisations. The buyout program is aimed at employees at level 70 and below who are considering a future outside the company.

"Today, we're introducing a new Voluntary Exit Offer (VEO) to eligible employees within participating organisations. This o...