Leaked Microsoft memo tells managers not to use budget cuts as an explainer for lack of pay rises

Microsoft CEO Satya Nadella (Credit: Loren Elliott—Getty Images)

Microsoft employees were already expecting lackluster pay rises. In a company-wide email sent earlier this year, the tech company’s CEO Satya Nadella warned staff of salary freezes and cuts to the bonus budget.

But despite previous transparency around the cost-cutting measures, employees enquiring about how the budget cuts have impacted their performance review will now be fobbed off.