this post was submitted on 25 Oct 2024
758 points (99.2% liked)

Work Reform

10030 readers
472 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 1 year ago
MODERATORS
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 27 points 1 month ago (1 children)

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.

[–] [email protected] 9 points 4 weeks ago (2 children)

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.

[–] [email protected] 7 points 4 weeks ago

Sorry to hear that, typical hierarchical power structure.

We need more worker protections, and more workplace democracy.

[–] Tja 6 points 4 weeks ago (1 children)

3-4x is in the fair region still. Do you think Microsoft employees make 20-30 millions each? (3-4x less than the CEO)

[–] [email protected] 1 points 4 weeks ago

No but not everyone works at these large corporations and the issues with how work works remain