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Microsoft CEO's pay rises 63% to $79m, despite devastating year for layoffs: 2550 jobs lost in 2024 (www.eurogamer.net)

submitted 10 hours ago by ForgottenFlux@lemmy.world to c/technology@lemmy.world

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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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[-] unmagical@lemmy.ml 44 points 10 hours ago

When was the last time you got a 63% raise?

[-] iii@mander.xyz -5 points 10 hours ago

March 2023

[-] unmagical@lemmy.ml 3 points 8 hours ago

Eh, congrats! New Job?

[-] iii@mander.xyz 25 points 8 hours ago

I'm self employed.

Found out I'm depressed, decided to reduce work to 3 days a week.

Raised prices to reduce clients. Turns out I now make more, doing less work. It is what it is.

[-] ChickenLadyLovesLife@lemmy.world 6 points 5 hours ago

I once quit my job at a software company I really hated. They were desperate to keep me around for the projects I was leading so they asked if I would work hourly for a while. I quoted them a go-fuck-yourselves hourly rate which they immediately agreed to, which made me even more angry about my prior years of poor compensation. I worked under this agreement for about half a year and further improved my effective hourly rate by not working very hard.

[-] bbuez@lemmy.world 5 points 7 hours ago

Dont mean to pry, but I'll gladly do whatever you're doing

[-] NewNewAccount@lemmy.world 9 points 6 hours ago

He’s mainly dealing with depression.

[-] datavoid@lemmy.ml 1 points 1 hour ago

Only 2 days a week for depression? Rookie numbers

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this post was submitted on 25 Oct 2024

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