Washington, Feb 24: Multi billion dollar, software giant, Microsoft says it made an accounting error when it laid off some employees in Jan 2009. This has lead to a number of the newly-unemployed staff getting excess severance pay.
Now the company is asking its sacked members to pay the money back! It can be recalled here that Microsoft laid off around 1,400 employees last month.
This week, Microsoft has sent letters to some of those former workers and letting them know that their severance payouts were a bit too 'generous' and respectfully requested that the former employees pay back that money, according to a report .
In its letter it said: "An inadvertent administrative error occurred that resulted in an overpayment in severance pay by Microsoft," "We ask that you repay the overpayment and sincerely apologize for any inconvenience to you."
However, the letter failed to provide an explanation for the accounting error but did manage to add with underlined emphasis--a veiled threat of monetary punishment if the money wasn't repaid, at least in the form of a tax impact.