Work Reform

9970 readers

4 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

All workers must be paid a living wage for their labor.
Income inequality is the main cause of lower living standards.
Workers must join together and fight back for what is rightfully theirs.
We must not be divided and conquered. Workers gain the most when they focus on unifying issues.

Our Goals

Higher wages for underpaid workers.
Better worker representation, including but not limited to unions.
Better and fewer working hours.
Stimulating a massive wave of worker organizing in the United States and beyond.
Organizing and supporting political causes and campaigns that put workers first.

founded 1 year ago

MODERATORS

seeCseas@lemmy.world

tintory@lemm.ee

TinMod@lemmy.world

745

Microsoft CEO's pay rises 63% to $73m, despite devastating year for layoffs (t.co)

submitted 2 weeks ago by Stopthatgirl7@lemmy.world to c/workreform@lemmy.world

71 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments

[–] lowleekun@ani.social 1 points 2 weeks ago

Employees are a companies biggest expanse. Thats why they want to get rid of them as much as possible. Why are people really thinking that AI will free up new jobs? There is a finite amount of things only humans can do more "effeciently"(not sure if thats the right word, forgive my german) or better, and it is only getting smaller.