New Delhi, April 26 -- US-based big tech firm, Microsoft Corp., under its new performance management strategy, is offering its 'low performing' employees the option to resign by taking a payout to avoid risking termination, reported the news portal Business Insider on April 23.

According to the internal email circulated amongst the managers, the company announced its plans for a performance improvement plan (PIP) with "clear expectations and a timeline for improvement," as per the news portal's report.

So now the employees who have been sent this internal email have an option to either enter the PIP program or resign from the company by accepting a Global Voluntary Separation Agreement (GVSA), according to the email, cited in the news r...