Google has offered a couple of rounds of voluntary separation plans (though they didn't age-gate them), but the offers weren't very good. They were great if someone happened to already be in the process of leaving, or just about to retire, but otherwise not so much.
In 2025, the offer was (from memory) 12 weeks of pay plus two weeks per year with the company. I had 14 years, so that would have been 40 weeks for me... which sounds pretty good until you realize that the package was salary only. At big tech companies salary is only about 40% of compensation, 20% is annual bonus and the other 40% is equity (these are approximations; details vary from person to person, but it's roughly in this ballpark). So, effectively, it wasn't 40 weeks of pay, it was 16 weeks. Basically, the offer should be read as 4.8 weeks plus 0.8 weeks per year of tenure. Not nothing, but not nearly enough to motivate me to give up a job until I had another one lined up.
And, of course, they set the offer acceptance timeline too short for people to hear the announcement, find another job, then accept the package. Finding someone to interview you for a job is easy -- I get several recruiters pings every week. But finding a good fit, going through the multiple rounds of interviews and negotiating an offer takes a while.
For someone with less seniority, the structure was even worse. And I hear the 2026 offer was weaker yet; same two weeks per year, but with a smaller base (6 weeks instead of 12, IIRC?).
Anyway, for the sake of the microsofties who are eligible, I hope they get a better offer than I did.
(I ended up leaving Google anyway, so in hindsight I should have taken the money. I landed the new gig in July, and I'd have separated and gotten the payout in May. But at my stage of life I'm not interested in taking risks, so there was no way I was jumping without another job lined up.)