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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 4 days ago by [email protected] to c/[email protected]

101 comments fedilink hide all child comments

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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[–] [email protected] 3 points 3 days ago (1 children)

79,000,000 / 2,550 = 30,980

[–] [email protected] 2 points 3 days ago (1 children)

The increase is only 30 mill

[–] [email protected] 3 points 3 days ago (1 children)

Gotcha, sounds like we’re measuring two different things then

[–] [email protected] 4 points 3 days ago (1 children)

Yeah. He was already making 49, I was looking at how much of the redistribution went to him, not much, but I imagine it'll go to stock buybacks or AI electricity

[–] [email protected] 2 points 3 days ago

Yeah maybe to their three mile island project. What a weird sentence. Just a few years off from our Weyland Yutani future