In 1993, Microsoft faced financial difficulties, and the head of HR, Mike Murray, sent a memo called the “Shrimp and Weenie Guidelines,” urging employees to cut back on extravagant spending. Today, many tech companies are facing similar financial challenges, and they have started cutting costs by laying off employees, reducing perks, and lowering bonuses. The changes have been difficult for many employees who have grown used to the extravagant perks that are common in the tech industry. However, as the tech industry becomes more competitive, companies are realizing the importance of financial prudence, and they are encouraging employees to become more cost-efficient. Murray's memo serves as a reminder that success can be destroyed by excess, and companies should focus on serving “weenies, not shrimp.”
God forbid employee can enjoy little perks by the company of the richest man of those times.