this post was submitted on 25 Oct 2024
747 points (99.0% liked)

Work Reform

9951 readers
99 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.

top 50 comments
sorted by: hot top controversial new old
[–] [email protected] 24 points 6 days ago (1 children)

Glad my layoff could help you out!

[–] [email protected] 3 points 6 days ago

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

[–] [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 6 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] 9 points 6 days ago* (last edited 6 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] 1 points 5 days ago
[–] [email protected] -1 points 6 days ago

Yeah but I bet he met a KPI

[–] [email protected] 137 points 1 week ago (2 children)

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

[–] [email protected] 53 points 1 week ago (4 children)

Maybe they can come up with some technology that would someday take the position of CEO. Think of the savings...

load more comments (4 replies)
[–] [email protected] 137 points 1 week ago (20 children)

Because of the devastating year for layoffs.

The purpose of a system is what it does.

load more comments (20 replies)
[–] [email protected] 93 points 1 week ago (2 children)

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.

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

“Growth for the sake of growth is the ideology of a cancer cell”

load more comments (1 replies)
[–] [email protected] 62 points 1 week ago (2 children)
load more comments (2 replies)
load more comments
view more: next ›