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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 1 month ago by [email protected] to c/[email protected]

102 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.

(page 2) 50 comments

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[–] [email protected] 8 points 1 month ago (1 children)

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.

[–] [email protected] 1 points 1 month ago

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

[–] [email protected] 7 points 1 month ago

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

[–] [email protected] 7 points 1 month ago

CEOs gonna CEO.

[–] [email protected] 3 points 1 month ago

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

[–] [email protected] 2 points 1 month ago

Go Copilot!

[–] [email protected] 1 points 1 month ago

@ForgottenFlux disappointed but utterly unsurprised

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