BrainWorms

1227 readers

4 users here now

Hey, welcome to BrainWorms.

This is a place where I post interesting things that I find and cant categorize into one of the main subs I follow. Enjoy a front seat as i descend into madness

founded 1 year ago

MODERATORS

DeadWorld@lemm.ee

Microsoft CEO's pay rises 63% to $73m, despite devastating year for layoffs (t.co)

submitted 3 weeks ago by DeadWorld@lemm.ee to c/brainworms@lemm.ee

8 comments fedilink hide all child comments

cross-posted from: https://lemmy.world/post/21252819

Microsoft boss Satya Nadella will earn a wallet-busting $79.1m (£60.9m) this financial year, up 63 percent on his compensation for 2023.

The huge boost to Nadella's pay in both cash and stock, announced by Microsoft last night, comes after a positive year overall for the company's financial revenues - but a turbulent 12 months for its employees.

2024 has seen two mass layoffs at Microsoft, with 1900 staff laid off in January, before a further 650 Xbox employees were shown the door in September.

you are viewing a single comment's thread
view the rest of the comments

[–] atro_city@fedia.io 8 points 3 weeks ago

What are people going to do? Vote to have laws against those kinds of things? Nah, how about voting against immigrants instead?