Microsoft boss Satya Nadella will earn a wallet-busting $79.1m (£60.9m) this financial year, up 63 percent on his compe…

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.

  • @Potatisen
    4•8 hours ago

    *in America

    Americans have to realise there are other ways to run a country. What’s going on there isn’t normal for the rest of the world.

    • queermunist she/her
      5•7 hours ago

      Profits by definition only go to the owners and investors. Once they’re seized by the government they’re no longer profits, they’re company expenses.