Microsoft Cracks Down On Underperformers With New Policies, Including 2-Year Rehire Ban: Report
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Microsoft is implementing new performance management policies, including a two-year rehire ban for underperforming employees. The chief people officer, Amy Coleman, informed managers about tools to enhance high performance and address low performance. Employees with poor performance scores will be barred from internal transfers and rehire for two years. This move aligns with a trend in the tech industry to address underperformance. Microsoft shares rose 0.89% in pre-market trading, but the stock has declined 14.21% year-to-date.
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