Some Microsoft employees fume over the company’s open offer to hire hundreds of OpenAI staff::Current employees point to layoffs and a salary freeze this year at Microsoft and wonder why it’s promising to match the pay of OpenAI staff.

  • AutoTL;DRB
    link
    English
    51 year ago

    This is the best summary I could come up with:


    In February, even some staff working on cloud and AI — Microsoft’s priority growth areas — were cut.

    In May, CEO Satya Nadella said Microsoft was freezing salaries and reducing its bonus and stock award budget for the year.

    In July, Microsoft was still conducting layoffs, beyond the original 10,000, BI reported at the time.

    Microsoft also shuttered projects and laid off staff in its “industrial metaverse,” its previous major AI initiative.

    And then, after Microsoft’s AI partner OpenAI fired its CEO Sam Altman, Nadella announced on Monday that he’d hired Altman and OpenAI President Greg Brockman to run a new cutting edge AI research group.

    Some believe that the new OpenAI unit could be good for employees, especially if Microsoft’s stock rises.


    The original article contains 353 words, the summary contains 123 words. Saved 65%. I’m a bot and I’m open source!