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Microsoft CEO's pay rises 63% to $79m, despite devastating year for layoffs: 2550 jobs lost in 2024 (www.eurogamer.net)
submitted 4 months ago by ForgottenFlux@lemmy.world to c/technology@lemmy.world
100 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.

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[-] OldWoodFrame@lemm.ee 8 points 4 months ago

He's doing what the Board wants, stock price is up. If there was a worker advocate on the board, maybe things would be different.

[-] TheReturnOfPEB@reddthat.com 1 points 4 months ago

stock is regularly at a new all time high with $400++/share.

[-] HotsauceHurricane@lemmy.one 7 points 4 months ago

“Look timmy, it’s a man made entirely of bullshit”

[-] kamen@lemmy.world 7 points 4 months ago

CEOs gonna CEO.

[-] Philharmonic3@lemmy.world 3 points 4 months ago

Let's start exercising that 2nd amendment y'all!

[-] Antaeus@lemmy.world 2 points 4 months ago

Go Copilot!

[-] mathias@pawb.fun 1 points 4 months ago

@ForgottenFlux disappointed but utterly unsurprised

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this post was submitted on 25 Oct 2024
887 points (98.7% liked)

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