Microsoft: ‘Unlimited leave’ company! The employees of any organization floated in euphoria? –

Microsoft: ‘Unlimited vacation’, ‘Unlimited happiness’!—that could be Microsoft’s tagline. Because, the new policy of the company. So if you’re a Microsoft employee, this tagline might apply to you too. Having trouble understanding? So let’s talk about it openly. Microsoft’s new rule is that new employees can take ‘unlimited time off’ as they wish. They will not need to deposit leave for that. However, this rule only applies to Microsoft employees in the United States. This rule has not yet been implemented in other Microsoft offices as per the rules and regulations of other countries. In this new rule, new employees of the company can take “Discretionary Time Off”. For that there is no need to wait for employees to accumulate leave. The Verge website said that Microsoft has issued an interim guidance.

This new rule will be effective from January 16. The new rules include unlimited vacation days, plus 10 corporate holidays, sick leave, and more. And for the leave not taken by any employee, payment will be made in respect of the leave in the month of April every year. On the other hand, Tesla CEO Elon Musk and Sam Altman are planning to invest about $10 billion in OpenAI. The investment will bring the San Francisco-based firm’s market value to $29 billion. According to sources aware of the incident. However, no comment has been made by any party in this regard yet. However, there are other venture firms involved in this investment and documents have been sent to all those parties and potential investors. The aim was to complete the entire process by the end of 2022. But it is not complete.

According to the funding terms, Microsoft will receive 75% of OpenAI’s profits. Until then, OpenAI can monetize ChatGPT and other products like the image creation tool Dall-E. and can recover his initial investment. After the deal is finalized, Microsoft will have a 49% stake in OpenAI, other investors will take another 49% and OpenAI will hold 2%. This is what the Wall Street Journal newspaper reports.

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