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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.

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[-] mortalic@lemmy.world 4 points 3 days ago* (last edited 3 days ago)

I'm guessing you are not rich enough to stop working. Maybe don't bother trying to defend oligarchy.

this post was submitted on 25 Oct 2024
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