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this post was submitted on 30 Aug 2023
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This is so backwards. I had to read this a few times to try to make sense of the memo. Apparently, the reasoning is that instead of telling employees that they didn't get a raise because of company-wide cuts, try to convince them that they just did a bad job?
That's stupid. That would obviously have the opposite effect of softening the disappointment. Whoever wrote this memo is an idiot who has no idea what employees do or what they think.
It's only stupid if you think Microsoft wants to retain employees.
The tech industry is contracting after over expanding during the pandemic and, instead of layoffs, MS is hoping to get to their budget cuts by attrition.
Enjoy that Dead Sea Effect.
https://en.everybodywiki.com/Dead_Sea_Effect
Don't worry, if a competitor shows up (possibly started by an ex employee), they can just buy them. The lack of any kind of anti trust enforcement made the whole concept of innovation by competition irrelevant.