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.
while trying to buy a license they claimed i needed a subscription to 365 garbage first. hung up and installed linux.
Yeah but those layoffs saved a LOT of money! /s
Glad my layoff could help you out!
Where do folks think that money comes from if not layoffs?
Eat. The. Rich.
We can’t even get people to go outside and meet live humans for sex anymore, everyone has switched to online apps for dating. People order food and groceries because we learned from Covid we don’t need to actually interact with other people.
Does anyone actually expect us to mobilize and topple powerful financial institutions? We have the most comfortable society on Earth in the US. Despite how miserable everyone is, nobody wants to leave their soft chairs and giant computer monitors and immersive video games and discord chat channels where you can mute and block anyone you don’t like. The only thing that could possibly change our course at this point would be some transhumanist/singularity nonsense like artificial general intelligence being developed and wrecking the economy.
But that’s tech being developed and controlled by the wealthy elite, so my hopes faded long ago.
Everything is going exactly to plan. You’re welcome.
Maybe someone can make an app, so I can have someone paid at an insultingly low hourly rate to go protest/riot in my place?
already done.
"Crowds on Demand is an American publicity firm that provides clients with hired actors to pose as fans, paparazzi, security guards, unpaid protesters and professional paid protesters.[1][2][3] The company operates in Los Angeles, San Francisco, Las Vegas,[4] New York City,[1] Washington, D.C.,[5] Iowa, and New Hampshire.[6] "
Theres also “Rent a Family” https://charactersforhire.com/rent-a-family/
That dystopian “future”. It’s the present, isn’t it.
I’m seriously considering rent-a-family. My relatives can occassionally be ‘unprofessional’ and I see that for a small fee I dont have to put up with that sort of bullshit anymore.
Now that’s creative :D But you gotta make sure one buyer = one rioter
2.49 extra for assured personal rioter. Otherwise you’ll get the standard service where your rioter may have another riot to attend to first.
Sorry, the first sentence in your reply is wrong. I’ve literally spent the last two weekends going out and meeting people. If you don’t go outside, that’s on you.
Wow, I’m amazing you found this comment I made specifically about you. I’ve been following you around for weeks trying to find ONE place where you wouldn’t see the lies and slander I’ve been trying to spread about you specifically. Curses, one day I will manage to find a place to tell lies about you where you will never find it.
“earn”
Can’t he get the extremely terrible way of grabbing focus and changing z-order fixed? That would be great…
Curious about this - you mean in Windows? What’s the solution as you see it?
Every single application or popup window will always attempt to get the highest z-order and switch keyboard input focus from wherever you were working to this window.
More than once, this resulted in input into the wrong window, causing problems.
And running this piece of junk os in a triple monitor setup; why do new windows (mainly outlook related) open on a different monitor ? If my input is on monitor 2, why are new windows opened on monitor 1 or 2?
A straight forward install of a recent Ubuntu version is much friendly for the user. But, as stated by someone else, improving the product is not gaining any cash flow.
It’s been a little while since I used a KDE or Gnome desktop in anger; I can’t remember how they tackle issues where user attention is needed on an inactive app. What do you figure the best solution is? Make the taskbar/dock icon visually distinct (flashing, jumping, a badge, or similar) but don’t permit focus switch?
Blink the window-title and in case something like a taskbar is used, use the application icon to get attention.
But don’t act like you are the most important and single application on the system. Be modest.
Sorry, that would mean prioritizing something that doesn’t directly increase executive pay in the short term.
CEO (and really the whole executive committee and board of directors) is beholden to the shareholders, not the employees. Employees are not only an expense, but the largest expense a company has.
Employees should buy up all the stock.
Unfortunately, they would only be able to buy stock that is for sale.
Yeah but I bet he met a KPI
Every time a big company lays people off I always try to remember that it’s not because they aren’t making enough money as a company. It’s because the “important” people want more money.
“Growth for the sake of growth is the ideology of a cancer cell”
He get this pay becuase he laysoff people.
Executive compensation is structured around this.
He wouldnt bother withnthe layoffs if his comp didnt improve…
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.
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.
Sorry to hear that, typical hierarchical power structure.
We need more worker protections, and more workplace democracy.
3-4x is in the fair region still. Do you think Microsoft employees make 20-30 millions each? (3-4x less than the CEO)
No but not everyone works at these large corporations and the issues with how work works remain
Satya’s union of 1 knows how to negotiate apparently.
And I bet he does less work in a day than every single one of the people who were laid off to fund his pay
Lemmy, stop upvoting this BS, you jealous basement dwellers.
Say all you want about unfair pay, but those CEOs work absolutely mad hours and the most insane schedules you can possibly imagine.
Maybe they can come up with some technology that would someday take the position of CEO. Think of the savings…
Right, but the whole point of a corporation is to benefit insiders at the expense of the owners, employees, suppliers, customers, people that breath air, dolphins, platypi, etc.
It’s to benefit the owners
Nah, maybe in terms of stock price temporarily. But these layoffs are all anti value by destroying institutional knowledge, employee loyalty, etc. C suite fucks don’t know anything about their businesses and these sorts of moves always fuck owners in the end. Look at boing, GE, etc. When these Jack Welch types get into management they always fuck over the long term owners and get very rich doing it.
Then again, Im a weirdo that believes in equities having long term intrinsic value so don’t listen to me.
I’m pretty sure CEOs are supposed to be one of the most AI replaceable jobs.
more like because of the layoffs
Wow, the price of a soul went up 63%.
He is compensated for company performance, not headcount.
I’m guessing you are not rich enough to stop working. Maybe don’t bother trying to defend oligarchy.
Oh, fuck right off with that corporate rimjobbing there.