Microsoft skips salary increases for full-time employees this year

  • Post category:Economics
  • Reading time:1 mins read
  • Post comments:0 Comments

Article written by Jordan Novet, via on 10 May 2023

Satya Nadella, CEO of Microsoft, appears at the World Economic Forum in Davos, Switzerland, May 24, 2022.
Microsoft will hold off on offering salary increases to full-time employees, CEO Satya Nadella told staffers by email Wednesday.
The move aligns with Microsoft’s efforts to reduce costs as revenue growth slows and clients reel in spending.
Last year, as inflation rippled through the economy, Microsoft nearly doubled the budget for merit increases and boosted stock allocations for certain employees.

Please check out the complete article (source in English):
Generated and translated automatically by Nisba!

Leave a Reply