this post was submitted on 30 Aug 2023
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171
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 1 year ago by [email protected] to c/[email protected]
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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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[–] [email protected] 19 points 1 year ago (1 children)

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.

[–] [email protected] 7 points 1 year ago (1 children)

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

[–] [email protected] 4 points 1 year ago

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