Technology

58872 readers

4260 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

631

Microsoft CEO's pay rises 63% to $79m, despite devastating year for layoffs: 2550 jobs lost in 2024 (www.eurogamer.net)

submitted 15 hours ago by ForgottenFlux@lemmy.world to c/technology@lemmy.world

68 comments fedilink hide all child comments

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.

Regardless, Microsoft's shares are up and the company's market value is now higher than $3tn, as it works to capitalise on the rise of AI.

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

[–] YurkshireLad@lemmy.ca 16 points 13 hours ago (2 children)

His salary increase must be inversely proportional to the quality increase in Windows 11.

[–] lando55@lemmy.world 2 points 8 hours ago

You're saying he deserves more?!

[–] pressanykeynow@lemmy.world 1 points 8 hours ago

Well Windows wasn't an important Microsoft product for like 15 years now. It's been like 7 years when Microsoft is a company mostly selling cloud Linux services. Ridiculous I know, but that's from their yearly financial reports. It seems their plan is to cash out Windows as fast as possible before dropping it.