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.

Regardless, Microsoft’s shares are up and the company’s market value is now higher than $3tn, as it works to capitalise on the rise of AI.

  • Ragdoll X@lemmy.world
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    22 days ago

    I would like to propose some changes to that title:

    Microsoft CEO’s pay rises 63% to $79m, despite [because of] devastating year for layoffs: 2550 jobs lost [employees were fired by their greedy CEO] in 2024 [because he wanted more money]