“I'm an employment law attorney. Here are the 3 steps you should take if you're offered a buyout like Microsoft's.”

Key points

• Craig Levey outlines three steps employees should take when offered a buyout.
• Microsoft reportedly offered buyouts to around 60,000 employees last week.
• Buyouts may signal potential future layoffs and provide immediate pay and benefits.
• Employees should understand the offer, including release and unemployment implications.
• Decide to accept, reject, or negotiate, considering potential targeting or legal issues.