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Leaked Microsoft memo tells managers not to use budget cuts as an explainer for lack of pay rises: ‘Reinforce that every year offers unique opportunity for impact’ (finance.yahoo.com)

submitted 11 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Leaked Microsoft memo tells managers not to use budget cuts as an explainer for lack of pay rises: ‘Reinforce that every year offers unique opportunity for impact’::Managers are being ordered to dodge employees' questions about how the latest budget cuts will impact their pay.

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[-] evatronic@lemm.ee 104 points 11 months ago

It's only stupid if you think Microsoft wants to retain employees.

The tech industry is contracting after over expanding during the pandemic and, instead of layoffs, MS is hoping to get to their budget cuts by attrition.

[-] million@lemmy.world 24 points 11 months ago

Enjoy that Dead Sea Effect.

https://en.everybodywiki.com/Dead_Sea_Effect

[-] jonne@infosec.pub 24 points 11 months ago

Don't worry, if a competitor shows up (possibly started by an ex employee), they can just buy them. The lack of any kind of anti trust enforcement made the whole concept of innovation by competition irrelevant.

[-] MisterFrog@lemmy.world 7 points 11 months ago

What I don't get about this is that presumably you'd lose more of the high performing employees that can find a better offer, and be left with people who can't afford to lose their job (no hate to them, these are human beings, but what I'm trying to point out is that the people who will quit will be the people with the most experience and other job prospects)

Seems counter-productive long term

[-] nxdefiant@startrek.website 4 points 11 months ago

Upper management would have to value employees for this to make sense.

this post was submitted on 30 Aug 2023

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