this post was submitted on 25 Oct 2024
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Work Reform

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Microsoft boss Satya Nadella will earn a wallet-busting $79.1m (£60.9m) this financial year, up 63 percent on his compensation for 2023.

The huge boost to Nadella's pay in both cash and stock, announced by Microsoft last night, comes after a positive year overall for the company's financial revenues - but a turbulent 12 months for its employees.

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.

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[–] knightly@pawb.social 64 points 3 weeks ago (2 children)
[–] Taiatari@lemmynsfw.com 20 points 3 weeks ago

Yeah they want to make it clear that they laid off people and he should not get rewarded for it, however I think we all read 'thanks to the layoffs he could increase his pay'

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