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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’ (finance.yahoo.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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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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[-] Zoboomafoo@lemmy.world 4 points 1 year ago

The same late stage capitalism we've been in since the term was coined 175 years ago?

[-] jtk@lemmy.sdf.org 2 points 1 year ago* (last edited 1 year ago)

Later in the stage? The term was coined before the stage happened. End of WWI was supposedly the start and I don't think the idea was that it would implode the instance the stage was hit. We got a bit of a bounce back with the tech boom, that's clearly over. Unless another major frontier pops up that isn't immediately sucked dry by the already rich, we're at the end.

this post was submitted on 30 Aug 2023

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