Microsoft employees News
Microsoft completed its $68.7 billion acquisition of Activision Blizzard in October last year, after a long battle with regulators in the UK and the US.
Microsoft looks to be stepping up efforts to maintain its remuneration competitive in a "difficult market for tech talent" and an inflationary climate.
Microsoft intends to provide merit-based compensation to employees at "all levels 67 and below."
Microsoft's move to enhance remuneration will differ by country, although specifics about Indian offices remain unknown.
Microsoft co-founder Bill Gates in his early career monitored employees' work hours by memorising their license plates to keep a track of them.
Microsoft on Wednesday announced an expanded parental leave policy for its US-based employees, a day after a similar move by streaming television giant Netflix.
Microsoft Corp said on Wednesday it cut about 3,000 jobs, effectively completing its plan to reduce its workforce by 18,000, or 14 percent of total staff, announced in July.
This is the second wave of cuts after it laid off 13,000 in July, which marked the start of Chief Executive Satya Nadella`s plan to lay off 18,000 people overall.
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