No annual salary increases at Microsoft
Email from Satya this morning: "we will not have salary increases for full-time salaried employees this year." We got excited when they "doubled merit and bonus budget" last year. Jokes on us.
Really?
To shareholders: We are bringing in record revenue and profits To employees: Sorry can’t afford to pay you a single peanut more
True that..... It's the same story all across
Corporate scum 💯
Wow what a sham.
For those wondering, Microsoft made $61 billion in *profit* over the previous four quarters.
What’s the revenue?
Microsoft grew revenue by 7% and 10% in constant currency to $52.9 billion and exceeded Wall Street expectations.
Because they know we will be happy to have a job this year. It's not about profit, It's just a way to keep people from leaving. They don't have to do it this year.
100% correct. There is no reason to raise pay when there are 350,000 laid off techies, many who would love to join Microsoft.
You hit the nail on the head Investment Bank. “Market conditions”
Stocks increasing. Profits increasing. Employees getting nothing. Sounds right.
Should I start buying Microsoft stock now?
Ex Microsoft, now in Google, come to us, we are still having fun!
Same shit
this is such a shit show with 8% inflation
8%? 18% in our country...
4.8% this month
I hope he will be happy if I don’t increase my productivity with inflation
In fact, decrease your productivity since you’re losing against inflation.
I should just not work at all and move my mouse every 1 minute