Well, yeah. How do you think they could afford Nadella's pay raise?
this post was submitted on 25 Oct 2024
595 points (99.0% liked)
Technology
58866 readers
3714 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
I would like to propose some changes to that title:
Microsoft CEO's pay rises 63% to $79m, ~~despite~~ [because of] devastating year for layoffs: 2550 ~~jobs lost~~ [employees were fired by their greedy CEO] in 2024 [because he wanted more money]
his payrise is equivalent to something like 3000 US workers minimum wage annual salaries
if my math is correct (which it probably isn't)
Yup, that checks out for me.
That said, that's the federal minimum wage, which almost nobody actually gets (article says $1M people).
fuck him not just for making those people's lives miserable, but for stamping down the fucking wages of everyone else in tech by flooding the fucking market
I just want one outlet to break the shit cycle and report it for what it is : CEO got big pay rises thanks to savings made by eliminating jobs.
That is simply the neutral truth.
It’s not some freakish occurance, not some overtime golden goal shit, this is how it works. It’s the norm.
Thinking of all the cool products this CEO has killed off. I would love to see this company split up so that maybe they could innovate again.
Let's start exercising that 2nd amendment y'all!