Microsoft skips pay hikes this year

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Microsoft skips pay hikes this year

But will continue with bonuses, stock awards and promotions.

Microsoft 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 company, which is now squarely focused on the lucrative generative AI, had in January decided to let go 10,000 employees, ...

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