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

Work Reform

9951 readers
92 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.

(page 2) 45 comments
sorted by: hot top controversial new old
[–] [email protected] -1 points 6 days ago

Yeah but I bet he met a KPI

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

Because of the devastating year for layoffs.

The purpose of a system is what it does.

[–] [email protected] 7 points 1 week ago

Came here to say exactly this.

[–] [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 (2 children)

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

[–] [email protected] 22 points 1 week ago (1 children)

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.

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

It's to benefit the owners

load more comments (1 replies)
[–] [email protected] 11 points 1 week ago

I'm pretty sure CEOs are supposed to be one of the most AI replaceable jobs.

[–] [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] 24 points 1 week ago

He get this pay becuase he laysoff people.

Executive compensation is structured around this.

He wouldnt bother withnthe layoffs if his comp didnt improve...

load more comments (1 replies)
[–] [email protected] 62 points 1 week ago (2 children)
[–] [email protected] 22 points 1 week ago

...because of layoffs

[–] [email protected] 20 points 1 week ago

Yeah they want to make it clear that they laid off people and he should not get rewarded for it, however I think we all read 'thanks to the layoffs he could increase his pay'

[–] [email protected] 37 points 1 week ago (2 children)

Absolutely insane. I literally cannot fathom accepting that much money when there are so many other people who need it more.

[–] [email protected] 31 points 1 week ago

That's because you're not a piece of shit. Most major companies CEOs are pieces of shit

[–] [email protected] 1 points 1 week ago

Employees are a companies biggest expanse. Thats why they want to get rid of them as much as possible. Why are people really thinking that AI will free up new jobs? There is a finite amount of things only humans can do more "effeciently"(not sure if thats the right word, forgive my german) or better, and it is only getting smaller.

[–] [email protected] 37 points 1 week ago (1 children)

Wow! He must be not just hundreds but many thousands of times more productive than an average employee! Incredible! Well deserved.

[–] [email protected] 9 points 1 week ago* (last edited 1 week ago)

Wow such work, much deserve

[–] [email protected] 13 points 1 week ago

It’d be cool to never be held accountable for bad business moves, but we also know that layoffs are celebrated by Wall Street for cutting costs.

[–] [email protected] 10 points 1 week ago (2 children)

On the one hand, Nadella has, in my opinion, saved Microsoft. They were on a downward spiral right before he took over. On the other hand, nothing justifies a $79.1MM salary. That is grotesque.

[–] [email protected] 15 points 1 week ago

They still are, they might have started to pull up, by they're still squarely on a collision course with the ground. When this AI bubble pops, thier Boeing provided auto-pilot will crater them into the ground.

Sorry, this metaphor got away from me.

load more comments (1 replies)
[–] [email protected] 6 points 1 week ago (2 children)

Can't he get the extremely terrible way of grabbing focus and changing z-order fixed? That would be great..

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

Curious about this - you mean in Windows? What's the solution as you see it?

load more comments (3 replies)
[–] [email protected] 9 points 1 week ago

Sorry, that would mean prioritizing something that doesn't directly increase executive pay in the short term.

[–] [email protected] 3 points 1 week ago

Wow, the price of a soul went up 63%.

[–] [email protected] 3 points 1 week ago

Come on guys, you can't expect them to take care of their CEO and their employees.

[–] [email protected] 3 points 1 week ago

Yeah but those layoffs saved a LOT of money! /s

[–] [email protected] 1 points 1 week ago

With all the suffering that they've been inflicting upon Windows serfs, he's more than earned it. If it were up to me, I'd up his pay tenfold. I can't wait to see what MS has in store for the tech cattle in 2025!

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

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.

load more comments (2 replies)
load more comments
view more: ‹ prev next ›