this post was submitted on 25 Oct 2024
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Work Reform

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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.

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[–] [email protected] 137 points 6 days ago (20 children)

Because of the devastating year for layoffs.

The purpose of a system is what it does.

[–] [email protected] 7 points 6 days ago

Came here to say exactly this.

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[–] [email protected] 51 points 6 days ago (1 children)
[–] [email protected] 10 points 6 days ago (4 children)

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.

[–] [email protected] 8 points 6 days ago (3 children)

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?

[–] [email protected] 3 points 5 days ago (1 children)

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/

[–] [email protected] 3 points 5 days ago (1 children)

That dystopian "future". It's the present, isn't it.

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[–] [email protected] 6 points 6 days ago

Everything is going exactly to plan. You're welcome.

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[–] [email protected] 24 points 6 days ago (1 children)

Glad my layoff could help you out!

[–] [email protected] 3 points 5 days ago

Where do folks think that money comes from if not layoffs?

[–] [email protected] 33 points 6 days ago

~~despite~~

thanks to

[–] [email protected] 26 points 6 days 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] 8 points 6 days 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 5 days ago

Sorry to hear that, typical hierarchical power structure.

We need more worker protections, and more workplace democracy.

[–] [email protected] 5 points 6 days 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 days ago

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

[–] [email protected] 27 points 6 days ago* (last edited 6 days ago) (1 children)

What a miracle! He must work that much harder than everyone else there! I'll bet A.I. could never do as good a job as he does!

I almost forgot... I heard his marbled meat will taste better than many other breeds of billionaire, especially when slow-smoked over Mesquite. I hope we are able to taste that one day.

[–] [email protected] 9 points 6 days ago (1 children)

Im a vegetarian but this one would be good for the planet, so…

[–] [email protected] 6 points 6 days ago

Hello fellow vegetarian! I made the comment while holding my nose. It would definitely be my one meat exception.

[–] [email protected] 9 points 5 days ago* (last edited 5 days ago) (1 children)

I remember whn he first came on the scene, everyone was talking about what a genius Satya was-- for copying AWS's business model. Tnen he stated women should not ask for raises in 2014. This is what you get when you put someone in charge who was raised and educated inside India.

This is not India and we dont want it to become like India.

[–] [email protected] 3 points 5 days ago (1 children)

This is what you get when you put someone in charge who was raised and educated inside India. This is not India and we dont want it to become like India.

I think we can acknowledge this man's poor behavior and systemic misogyny in India without painting over a billion people as unqualified to lead or as dangerous to our country's cultural character. I have several of friends raised and educated in India, now living in the US, who are quite feminist--almost certainly more so than the average American citizen, especially given near half of Americans will vote for a sexual predator for the third presidential election in a row.

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

What you dont get is that people aculturized in this stuff see their abuses as good and righteous. Just like 80 years ago in the US husbands thought it was just fine to spank their wives if they werent keeping the household the way they wanted it, and thought of it as teaching them proper upbringing. I dont want anyone raised in a regressive culture in charge. The ideas of an exeutive leader filter down through the org they lead a lot mroe than you'd guess they would.

[–] [email protected] 13 points 6 days ago

more like because of the layoffs

[–] [email protected] 10 points 6 days ago

I got a 63 cent raise this year too!

[–] [email protected] 9 points 6 days ago

while trying to buy a license they claimed i needed a subscription to 365 garbage first. hung up and installed linux.

[–] [email protected] 10 points 6 days ago

Fire the CEO and hire back the best with pay rises, if they're willing. JC, MS, get a grip on yourselves.

[–] [email protected] 8 points 6 days ago
[–] [email protected] 10 points 6 days ago

Satya's union of 1 knows how to negotiate apparently.

[–] [email protected] 4 points 6 days ago

Each day I become closer moving my setup away from windows entirely. I installed Ubuntu alongside windows but now I'm thinking I want a different distro and need to repartition I guess.

[–] [email protected] 4 points 6 days ago* (last edited 6 days ago)

Interesting... So according to this ign most of that was awarded in stock. It kind of solidifies the comments about making money for the share holders by cutting costs. Was gonna say would be nice for us peasants to be awarded in stock but then I would feel like crap if I'd get ton of money while others lost their job.

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