Get the latest tech news
Microsoft CEO earns $30.6 million more despite laying off over 2,000 employees in 2024 — salary package represents a 63% raise from the previous year
AI bonuses, unfortunately, do not translate to job security for employees in other divisions.
According to Reuters, Nadella hit this milestone with the help of his stock awards when Microsoft’s market cap jumped to over $3 trillion due to its investment in AI technology. Aside from this amount, he also received a $5.2-million cash incentive, an over 50% reduction from the $10.7 million he was entitled to due to massive cybersecurity breaches involving the Redmond company. Microsoft is a massive company with operations in many different fields, so it’s normal for one division to underperform or even suffer some losses.
Or read this on r/technology