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.
In case you missed it, in our broken model of civilization a CEO's only responsibility is to increase value for shareholders. Not to clients, not to employees, not to the biosphere.
The entire point of AI as it stands right now is to allow more of those layoffs. Anyone telling otherwise is a liar.
Also I hate how currently, AI is used to remove the fun parts of creating things at a computer. Take coding for example, I think I can speak for many people when I say that the fun part of their job, is not the planning or the meetings, it's the actual coding and stumbling upon a hard problem to solve. Now with AI you the human will only keep the boring parts of the job!
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]
fuck him not just for making those people's lives miserable, but for stamping down the fucking wages of everyone else in tech by flooding the fucking market