Microsoft China announces layoff plan: n+2 compensation unchanged

Source: Internet
Author: User
Keywords Nokia layoffs Microsoft China
Microsoft China yesterday sent an email to its staff, saying the company would compensate employees in accordance with the 2013 compensation standard (ie, n+2) that Nokia had implemented in the past. The compensation has sparked a collective protest by Nokia's Chinese employees. Microsoft said it was committed to providing compensation to the employees in the 12 months after the takeover of the Nokia deal (April 25, 2014), in accordance with the 2013 compensation standard (i.e. n+2) that Nokia had implemented. The company will use the Nokia compensation standard, specifically to calculate the compensation for NCIC employees using the NCIC (formerly Nokia Equipment and services) 2013 compensation standard. Microsoft told the employees in the mail. The so-called Nokia compensation standard is n+2, rather than the previous spread of n+6. where n is the employee's working life in the company, 2 is the extra special compensation that the company provides to its employees. Microsoft also said in an email that most of the affected employees would be notified within August 2014 that the final date of departure was based on the business needs of the different teams, but not earlier than the end of September. But Microsoft said the job cuts were scheduled to be completed by the end of 2014. According to the introduction, Nokia China currently has Beijing Research and Development center and procurement, supply chain management departments, a total of nearly 3,000 employees, most of whom are to be laid off, the proportion of layoffs close to 90%. The abolition of Nokia's Chinese employees is part of Microsoft's global layoffs program. In mid-July, Microsoft announced the biggest layoffs in its history and is expected to lay off 18,000 people in the new fiscal year, with about 12,500 of the staff coming from the Nokia Equipment and services unit that has just been acquired. The legal person familiar with Labor arbitration said that Microsoft's compensation standard was higher than the national minimum standards, in line with the laws and regulations, but clearly does not meet the expectations of the staff. Microsoft China has not made public comments on the matter for the time being.
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