The thousands of contractors who work at Microsoft (MSFT) through third-party agencies are facing pay cuts beginning Monday, as Microsoft continues to look for ways to cut costs.

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The thousands of contractors who work at Microsoft through third-party agencies are facing pay cuts beginning Monday, as Microsoft continues to look for ways to cut costs.

Microsoft and its contracting agencies agreed to a 10 percent cut in the bill rate, impacting all temporary worker assignments. Several contract employees have said the reduction is being passed on to them in the form of a pay cut. One person said some agencies are seeking to pass deeper pay cuts onto their workers.

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http://blog.seattletimes.nwsource.com/techtracks/index.html#038245

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