games @hexbear.net Yuritopiaposadism [none/use name] @hexbear.net 6 days ago

Microsoft Gaming laid off over 2,500 workers this year, but it still found enough spare change to give its CEO a $79 million bonus

www.gamesradar.com Microsoft Gaming laid off over 2,500 workers this year, but it still found enough spare change to give its CEO a $79 million bonus

Microsoft CEO Satya Nadella gets a 62% pay rise for this fiscal year

Microsoft @lemdro.id Nemeski @lemm.ee 5 days ago

www.gamesradar.com /games/microsoft-gaming-laid-off-over-2-500-workers-this-year-but-it-still-found-enough-spare-change-to-give-its-ceo-a-usd79-million-bonus/

Xbox @lemmy.world AlexanderTheGreat @lemmy.world 7 days ago

Microsoft Gaming laid off over 2,500 workers this year, but it still found enough spare change to give its CEO a $79 million bonus

www.gamesradar.com /games/microsoft-gaming-laid-off-over-2-500-workers-this-year-but-it-still-found-enough-spare-change-to-give-its-ceo-a-usd79-million-bonus/

28 comments

Not "but", it's "because".
The CEO got the big raise because he laid of all those people.
That bonus alone is roughly 32000 per year that could be paid to each of those employees and that is not even counting the outsized salary this CEO enjoys.
- Realistically though, the employees total comp was probably close to 120k per person including benefits and employer taxes, otherwise people are making poverty wages. So 300m spending was required.
  
  Microsoft reported ~$90 billion in profits in FY 2024, or enough to pay those workers $120,000 for the next three centuries
  
  You got a source for that? Or are you just bootlicker for Microsoft?
  
  I don't really care either way because you're defending billionair ceos.
  
  Imagine going to bat for Microsoft of all corporations.
  
  Sure, the rest of the execs split the other savings. The CEO just got the lion's share. That bonus alone even with your numbers, would be enough to keep almost 700 of those employees.
  
  So we agree he could have afforded to not lay off at least 625 of the 2500 people (if we're going by your massive assumption that all 2500 were signed on positions that pay 120k a year)
  
  Realistically though
  
  Tell me you don't know anything about software development.
That’s $31,600 USD per employee for anyone wondering
I feel real bad for anyone who is in that industry. Make billions in revenue for these fucks working like a sweat shop and they reward themselves while kicking you to the curb for your hard work. Over and over and over.

It must be discouraging to even want to go into that industry.
This should be illegal.
cool I hope he dies
we may have to start making excuses for the lack of terror
Think about how many indie devs could live a decent life with 79 million a year.
- Hell, you could split it up and still have a decent standard of living for multiple years between multiple people.

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