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I was in the final stages of an interview with Microsoft two weeks ago, in partner marketing. Then the recruiter told me they were putting the hiring process on hold to assess the need for the role. Well, then we heard about Microsoft layoffs last week. Seems like most were in Xbox and Project Alpha but there’s not a lot of information out there. Should I hold out any hope that I’m going to get this job? Any insights on how much these layoffs have impacted the marketing org and/or new hiring?
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Hi fellow fishies!
Can someone please explain what is “SUPPLEMENTARY allowance” in my payslip??? It is the highest in my entire payslip, more than basic salary. Basic is lets say ₹7 lac annually and supplementary bonus is ₹7 lac 40 thousand.
Can someone please explain why this exists in my paylslip, is it good or bad from tax perspective and shall I ask my HR to decrease it???
Please help asap.
Opus Consulting
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Ask why the layoffs.
Financial issues? Stay away
Restructuring? Do you believe in their plan
Cost-out without a good reason? See financial issues
Leadership change? Then sure, but do research on the new regime first
And ask yourself if you’d be able to influence or see rounds coming in the new role. Finance may have advantages here.
Lastly, always optimize for the adventure, not the stability. If you love the role go for it anyway
Appreciate the feedback!
Last in first out
Sure in some cases. You want to plan on being an exception? It’s easier to layoff people who don’t have strong ties to the company.
That's an interesting strategy, the employment version of catching a falling knife. I'm not even sure it would be feasible, companies doing layoffs generally aren't hiring. Assuming they do have openings, however, it's possible the layoffs would be about restructuring, so you'd be coming in as part of a new direction. In that case, sure, it might make sense.
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