Do they literally do the whole hiring process, or do take use a central hiring department to help them. It sounds really inefficient to have every team duplicate hiring personnel? Though of course you need the team to be in control of the process.

Do the teams organise any other company wide functions in that way? Hardware procurement, maybe?

There is a central HR department that creates job postings, employs recruiters and sourcers, and handles standardized onboarding processes, but conducting interview loops and making hiring decisions is handled by each team individually. As opposed to companies like Google, where as I understand it, you get hired and then find a specific position.

It has to be team based. I currently have an active offer with Microsoft, and had multiple conversations with the hiring manager last week.

I have gotten verbal numbers. Nothing in writing though so it could always turn out a dud. Which will suck, but one step at a time.

Satya also announced last week that everyone below ~L67 is getting an adjustment to their salary.

Sorry, I'm not familiar with Microsoft's internal structure, but do they have (I assume over) 67 different salary bands?

Wow...

For software engineers, the numbers start at 59 (as in, a new grad hire is an L59 on their first day): https://www.levels.fyi/?compare=Google,Amazon,Microsoft&trac...