Microsoft CEO earns $30.6 million more despite laying off over 2,000 employees in 2024 — salary package represents a 63% raise from the previous year

https://www.tomshardware.com/tech-industry/microsoft-ceo-earns-usd30-6-million-more-despite-laying-off-over-2-000-employees-in-2024-salary-package-represents-a-63-percent-raise-from-the-previous-year

AI bonuses, unfortunately, do not translate to job security for employees in other divisions.

157 points · 14 comments · view on lemmy.world

14 Comments

jqubed@lemmy.world · 22 pts · 1y (3 replies)

So, $15k per person terminated?

Cruxifux@feddit.nl · 14 pts · 1y (1 reply)

15k to ruin someone’s livelihood? I’ll take 2000, please!

Man what a great system.

Cyyris@infosec.pub · 8 pts · 1y

We gotta give them a huge tax break too! That way it'll trickle down straight into the CEO's pocket!

Kecessa@sh.itjust.works · 2 pts · 1y

So the company still gained, but with that money they could have cut 300 less employees and that would have been 300 people making 100k/year instead of one guy making 30.6m more...

nightm4re@feddit.org · 16 pts · 1y

ummm... 👉👈 Tax the rich, maybe?

Iheartcheese@lemmy.world · 12 pts · 1y (1 reply)

Subtracty@lemmy.world · 5 pts · 1y

He does look turtly enough for the turtle club.

SARGE@startrek.website · 8 pts · 1y
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JASN_DE@lemmy.world · 6 pts · 1y

despite

Yeah, that's not how capitalism works.

jared@mander.xyz · 4 pts · 1y

lobut@lemmy.ca · 4 pts · 1y (1 reply)

When CEOs say they feel it when they need to do layoffs, I think they mean in their wallets.

_____@lemm.ee · 2 pts · 1y

they probably don't feel anything when making any kind of purchase, it's more like raw unfiltered greed

AnUnusualRelic@lemmy.world · 3 pts · 1y

I don't think the board pays CEOs according to how many jobs they save. I don't know where you got that idea.

In fact I'm pretty sure that the more people they get rid of, the better paid they are.

homesweethomeMrL@lemmy.world · 2 pts · 1y

Fun Fact: Micro$oft is an evil-as-shit corporation and always has been.

Professorozone@lemmy.world · 1 pts · 1y

Well... he needs that money. Gosh!