New Delhi, Oct. 27 -- A social media post by Muthukrishnan Dhandapani, a Chennai-based mutual fund distributor, has gone viral in the wake of Microsoft announcing its first-ever Voluntary Exit Offer for around 60,000 employees.

Terming it a layoff, the veteran investor who has managed the portfolio of Rahul Gandhi for years noted that some 60,000 employees have been "offered some separation benefits and asked to leave."

"Usually what happens in the industry is that if they don't accept the voluntary exit offer, they are subsequently laid off. When you get laid off, separation benefits are not provided," he said, adding that "Though called voluntary, in all likelihood these 60,000 people would have no option but to leave the company."

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