Internal Microsoft document spells out the company’s buyout offer

Microsoft released details of its buyout offer for long-serving employees in an internal document viewed by Business Insider.

Microsoft last month announced it would offer buyouts to employees at level 67 and below in the US who have 70 or more years of age and service. Microsoft said it would share the details with employees on May 7.

The buyout offer helps Microsoft cut costs as it plans significant spending, including $190 billion in capital expenditures this year, primarily…