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

Technology

59590 readers
4948 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
L4s@lemmy.world
L3s@fry.gs
L4s@fry.gs
enu@lemmy.world
889
Microsoft CEO's pay rises 63% to $79m, despite devastating year for layoffs: 2550 jobs lost in 2024 (www.eurogamer.net)
submitted 4 weeks ago by ForgottenFlux@lemmy.world to c/technology@lemmy.world
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.

you are viewing a single comment's thread
view the rest of the comments
[–] Ragdoll_X@lemmy.world 16 points 4 weeks ago

I would like to propose some changes to that title:

Microsoft CEO's pay rises 63% to $79m, ~~despite~~ [because of] devastating year for layoffs: 2550 ~~jobs lost~~ [employees were fired by their greedy CEO] in 2024 [because he wanted more money]