So the CEO gets less than half their salary for the year?
Sounds like a great deal for the company. Until, you know, the whole thing collapses because they laid off the workers who kept the whole thing running
Comment on Microsoft CEO's pay rises 63% to $79m, despite devastating year for layoffs: 2550 jobs lost in 2024
NOT_RICK@lemmy.world 1 year ago
That’s roughly 30k for every employee laid off
So the CEO gets less than half their salary for the year?
Sounds like a great deal for the company. Until, you know, the whole thing collapses because they laid off the workers who kept the whole thing running
That’s some real bald-headed behavior if you ask me.
I’m bald.
If they were software engineers, they saved $200,000+ per person laid off
That’s how he makes dem big bux
Sounds like an easy sell to the board, then. It it’s that much of a net positive in economics.
lol_idk@lemmy.ml 1 year ago
My math says roughly $12k
NOT_RICK@lemmy.world 1 year ago
79,000,000 / 2,550 = 30,980
lol_idk@lemmy.ml 1 year ago
The increase is only 30 mill
NOT_RICK@lemmy.world 1 year ago
Gotcha, sounds like we’re measuring two different things then