Even after Microsoft announced plans to lay off 10,000 of its employees earlier this year, it continues to tighten its belts. A new report released says the company won’t be giving raises to its full-time employees this year.
Microsoft CEO Satya Nadella’s company-wide email is a bittersweet recipe for employees. The email includes information that there will be no pay raises for employees, even that performance bonuses for senior managers will decrease compared to last year, and standard bonuses and stock option rewards will be made more affordable than normal levels.
Is it because of Bing Chat?
So, why is Microsoft cutting the budget? According to the information, Microsoft is considering saving its resources to lead the development of a more productive artificial intelligence system with the Bing Chat chatbot.
“We are clear that in this new era of AI will help a major platform shift and we will do so in a dynamic, competitive environment, but also in the face of global macroeconomic uncertainties,” Nadella wrote in her email, while Microsoft employees who received this letter were clearly unhappy. .
Microsoft is now preparing for the big events it will hold in the coming months. The company will hold its annual Build developers conference on May 23, followed by the Xbox Games Showcase on June 11.
It is a matter of curiosity how Microsoft employees will respond to the news that they will not get a raise in response to this increasing workload.
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