Microsoft CEO's pay rises 63% to $73m, despite devastating year for layoffs - eviltoast

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.

  • sorval_the_eeter@lemmy.world
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    2 days ago

    What you dont get is that people aculturized in this stuff see their abuses as good and righteous. Just like 80 years ago in the US husbands thought it was just fine to spank their wives if they werent keeping the household the way they wanted it, and thought of it as teaching them proper upbringing. I dont want anyone raised in a regressive culture in charge. The ideas of an exeutive leader filter down through the org they lead a lot mroe than you’d guess they would.