Comment on Steve Ballmer is set to make $1 billion a year for doing nothing | CNN Business
AllonzeeLV@lemmy.world 6 months agoLabor keeps the world running. Labor makes the discoveries. Labor invents.
Capitalism just holds the resources hostage from labor in exchange for almost everything.
You swoon over con-men.
HybridSarcasm@lemmy.world 6 months ago
I’m not fully abreast of Ballmer’s dealing, but I know he’s spending a shit ton on pro basketball:
time.com/…/former-microsoft-ceo-buys-clippers-2-b…
nba.com/…/clippers-owner-steve-ballmer-closes-dea…
cnbc.com/…/clippers-owner-steve-ballmer-announces…
variety.com/…/steve-ballmer-la-clippers-clippervi…
One can judge the utility of such ventures, but it’s undeniable that capital is being used (not held hostage) and jobs being created. It takes a lot of people to build a stadium.
FlyingSquid@lemmy.world 6 months ago
Microsoft laid off 16,000 people in 2023 alone. How many pro basketball jobs did he create in return?
HybridSarcasm@lemmy.world 6 months ago
news.microsoft.com/leadership/?section=board-memb…
news.microsoft.com/leadership/?section=board-memb…
Ballmer’s not on either of those lists. Not sure how you can put those layoffs on him.
FlyingSquid@lemmy.world 6 months ago
He owns a 4% stake in the company. He could easily have used his sway to prevent layoffs.