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MICROSOFT EMPLOYEE SALARY HIKE
Microsoft reports $36 billion quaterly profit, employees complain salary raises below 1%, describe workplace as 'joyless and demoralizing' after 60,000 people receive buyout offersMicrosoft reported a 32% jump in quarterly profit to $36.6 billion but its employees complain of salary increases below 1%, rising workload...- Microsoft employees raise concerns over AI strategy amid 60,000-person buyout offerThe letter, cited in a report byThe New York Times, accuses Microsoft of pursuing AI with a “speed-at-all-costs” approach and urges the com...
- DA hike: Diwali bonanza for UP govt employees, 63% raise announced; revised rates effective from July 1The revised allowance will be reflected in the November salary, while the arrears for the preceding four months will be deposited separatel...
- AI gains fail to cool rising staff costs at Indian IT services firmsAlthough artificial intelligence (AI) and automation are changing the traditional labour-intensive model of IT services, they have yet to b...
- After laying off thousands, Meta now offers voluntary exit packages like Google and Microsoft. Here's all you need to knowMeta has launched a voluntary exit programme in France, designed to reorganize its team while pivoting towards artificial intelligence deve...
- 8th Pay Commission news: 6 key demands by Railway employees' body on pay, allowances
- Google voluntary buyouts: What's the exit package, which teams qualify and how many employees are eligible after Microsoft's similar offer?Google Voluntary Exit Programme Details: Google has expanded its voluntary buyout programme to selected employees in five countries. The of...
- Ahead of Diwali, Gujarat govt hikes DA by 3% for employees, pensionersThe Gujarat government has announced a 3% Dearness Allowance hike for 4.62 lakh serving employees and 5.07 lakh pensioners ahead of Diwali....
- Google extends voluntary buyout offers to employees in several countriesThe move comes amid mounting AI spending that has unnerved Wall Street and dented Alphabet's stock price. Microsoft last week offered volun...
- Canva layoffs: Affected staffers to get 6 months’ pay, a MacBook, and $10,000 to start upCanva has announced significant changes that will impact around 1,271 team members, driven by a downturn in revenue growth. To improve proj...
- Microsoft buyout offer: Should you take the payout or risk future layoffs? A legal expert explains what to do before signingMicrosoft buyout offer: Microsoft has offered voluntary buyouts to around 60,000 employees, leaving workers to weigh the payout against the...
- Gratuity calculator: How 3% DA hike can increase your retirement gratuity by nearly Rs 50,000The central government's recent decision to increase the dearness allowance from 60% to 63% will affect salaries significantly. This hike, ...
- DA hiked by 3% to 63%: Know the impact of hike on salaries of Level 1-10 central government employeesDA hike news: In a significant update for central government employees, a 63% dearness allowance will be implemented for the period of July...
- Microsoft is offering buyouts to 60,000 workers: How US employees can calculate their potential severance payMicrosoft is offering voluntary buyouts to around 60,000 eligible employees, with severance payments varying by job level and years of serv...
- 8th Pay Commission salary calculator: What 7% increment rate means for employees with Rs 53,100, Rs 56,100 and Rs 67,700 basic pays8th Pay Commisssion newsThe 8th Pay Commission held its final meetings in Mumbai, focusing on salary and pension reform for central governm...
- Bengaluru CA's salary rose from Rs 7 lakh to Rs 24 lakh in 5 years: Here's how she did itBengaluru-based Chartered Accountant Meenal Goel revealed how her annual salary rose from Rs 7 lakh to Rs 24 lakh in five years. After swit...
- Microsoft voluntary retirement scheme: What happens if employees say no to the exit offer?Microsoft has announced a voluntary exit programme allowing approximately 60,000 employees to leave the company with support. The offer inc...
- DA hike for central government employees: Can government announce dearness allowance increase on Wednesday?DA news: More than 55 lakh central government employees are anticipating a dearness allowance hike announcement soon. The hike is expected ...
- Microsoft announces voluntary exit offer for 60,000 employees in India, 3 other countriesMicrosoft has announced a voluntary exit programme for eligible employees in multiple countries, including India. The offer is available to...
- Microsoft offers exit packages to India staff amid $20.5 billion AI pushWhile the company has not given specifics of the number of people who shall be covered through this programme, there are around 60,000 empl...
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