Microsoft announces no salary raises for full-time employees amidst challenging economic conditions, but will continue to offer bonuses and stock awards.
One software engineer employed by Microsoft has described the company's recent decision not to increase salaries for full-time employees this year as a "slap in the face."
Isabela Moreira, who holds the position of senior software engineer, expressed her dissatisfaction on social media following the announcement by the tech giant.
Microsoft focuses on generative AI as it makes cost-cutting measures, including no salary raises for employees.