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.
What a miracle! He must work that much harder than everyone else there! I’ll bet A.I. could never do as good a job as he does!
I almost forgot… I heard his marbled meat will taste better than many other breeds of billionaire, especially when slow-smoked over Mesquite. I hope we are able to taste that one day.
Im a vegetarian but this one would be good for the planet, so…
Hello fellow vegetarian! I made the comment while holding my nose. It would definitely be my one meat exception.
He is compensated for company performance, not headcount.
I’m guessing you are not rich enough to stop working. Maybe don’t bother trying to defend oligarchy.
Oh, fuck right off with that corporate rimjobbing there.
I remember whn he first came on the scene, everyone was talking about what a genius Satya was-- for copying AWS’s business model. Tnen he stated women should not ask for raises in 2014. This is what you get when you put someone in charge who was raised and educated inside India.
This is not India and we dont want it to become like India.
This is what you get when you put someone in charge who was raised and educated inside India. This is not India and we dont want it to become like India.
I think we can acknowledge this man’s poor behavior and systemic misogyny in India without painting over a billion people as unqualified to lead or as dangerous to our country’s cultural character. I have several of friends raised and educated in India, now living in the US, who are quite feminist–almost certainly more so than the average American citizen, especially given near half of Americans will vote for a sexual predator for the third presidential election in a row.
I got a 63 cent raise this year too!
while trying to buy a license they claimed i needed a subscription to 365 garbage first. hung up and installed linux.
“despite”
Glad my layoff could help you out!
Where do folks think that money comes from if not layoffs?
more like because of the layoffs
Satya’s union of 1 knows how to negotiate apparently.
Come on guys, you can’t expect them to take care of their CEO and their employees.
Yeah but I bet he met a KPI
Remember, he’s the real victim here, he had to sign off on all those layoffs, he’s going to have to live with that decision…
…in one of his multiple mansions.
He gets paid that much because he’s one of the few people on earth who can make those kind of tough choices. The poor guy must be weeping into his caviar.
Our CEO announced layoffs recently and then even more recently sent a follow up email complaining about how people were complaining about it and saying how hard it has been for the executive team. We’re a small company and I get the pain they are feeling due to financial constraints but at the end of the day we work for money and they are taking home 3-4x as much as anyone else each month while making all the decisions about how money is spent. It’s hard not to become resentful.
Sorry to hear that, typical hierarchical power structure.
We need more worker protections, and more workplace democracy.
3-4x is in the fair region still. Do you think Microsoft employees make 20-30 millions each? (3-4x less than the CEO)
No but not everyone works at these large corporations and the issues with how work works remain
Interesting… So according to this ign most of that was awarded in stock. It kind of solidifies the comments about making money for the share holders by cutting costs. Was gonna say would be nice for us peasants to be awarded in stock but then I would feel like crap if I’d get ton of money while others lost their job.
Fire the CEO and hire back the best with pay rises, if they’re willing. JC, MS, get a grip on yourselves.
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