Microsoft boss Satya Nadella will earn a wallet-busting $79.1m (£60.9m) this financial year, up 63 percent on his compe…

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.

  • iAmTheTot@sh.itjust.works
    40·
    23 days ago

    Absolutely insane. I literally cannot fathom accepting that much money when there are so many other people who need it more.

    • Asafum@feddit.nl
      33·
      23 days ago

      That’s because you’re not a piece of shit. Most major companies CEOs are pieces of shit

    • lowleekun@ani.socialDeutsch
      2·
      23 days ago

      Employees are a companies biggest expanse. Thats why they want to get rid of them as much as possible. Why are people really thinking that AI will free up new jobs? There is a finite amount of things only humans can do more “effeciently”(not sure if thats the right word, forgive my german) or better, and it is only getting smaller.