this post was submitted on 25 Oct 2024
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887
Microsoft CEO's pay rises 63% to $79m, despite devastating year for layoffs: 2550 jobs lost in 2024 (www.eurogamer.net)
submitted 1 month ago by [email protected] to c/[email protected]
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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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[–] [email protected] 1 points 1 month 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.