Amid Predicament, Microsoft Employees Get No Salary Raise This Year
In the economic crisis, Microsoft employees get no salary raise this year and focus on generative AI
Microsoft said it will not raise salaries for full-time employees this year, citing tough economic conditions, but will continue with its bonuses, stock awards, and promotions. The business, which is now solely focused on the lucrative generative AI market, said in January that it will lay off 10,000 people, joining other technology firms in bracing for a rough year ahead.
“We recognize that navigating both a dynamic…