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

68 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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[–] HerrBeter@lemmy.world 11 points 2 hours ago (1 children)

Great reply. I'm not into escalation. Only read the "taxes is theft"

[–] rottingleaf@lemmy.world 0 points 44 minutes ago

OK. I further made equivalence between that CEO and the government which you charge with making use of taxes.