Microsoft CEO's pay rises 63% to $79m, despite devastating year for layoffs: 2550 jobs lost in 2024
Microsoft CEO's pay rises 63% to $79m, despite devastating year for layoffs: 2550 jobs lost in 2024
Microsoft boss Satya Nadella will earn a wallet-busting $79.1m (£60.9m) this financial year, up 63 percent on his compe…
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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His salary increase must be inversely proportional to the quality increase in Windows 11.
You're saying he deserves more?!
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.