Techrights

Morale at Microsoft Sinks to New Lows

Posted by Roy Schestowitz on Jun 19, 2024

Last year: Leaked (Internal) Microsoft Poll: Most Microsoft Employees Want to Leave the Company If They Can Find a Job Elsewhere

Now: (even worse)

The annual 'Employee Signals' survey showed a drop from 69% to 62% in positive responses.

Leaping past the paywall:

In 2022, a low and declining score on this question helped compel Microsoft to announce significant pay raises across its workforce to address growing dissatisfaction with compensation and stop employees from leaving to competitors including Amazon.

The economy started to cool shortly after that announcement. Microsoft followed through with the raises, but some employees felt they were underwhelming.

Significant layoffs followed at Microsoft and across the industry. By 2023, the company stopped salary raises and cut its budget for stock and bonuses.