Exactly, they were labor heavy and he fixed a problem which resulted from gross over hiring. Sounds like he’s doing a good job.
Comment on Microsoft CEO's pay rises 63% to $73m, despite devastating year for layoffs
queermunist@lemmy.ml 1 month ago
Because of the devastating year for layoffs.
The purpose of a system is what it does.
Telodzrum@lemmy.world 1 month ago
queermunist@lemmy.ml 1 month ago
The ideal corporation has no labor and only profits. Somehow.
Telodzrum@lemmy.world 1 month ago
I mean, yeah. Isn’t that what we would like here? To not have to work if we don’t want to and yet tech progresses steadily, industry still operates, the world continues moving while people are free to engage in their desired pursuits?
naeap@sopuli.xyz 1 month ago
Not If the profits are in the hand of a single owner, who relied on his workers to get to this point of automation and profit
queermunist@lemmy.ml 1 month ago
As long as they’re generating profits then that wealth will not go to the people who lose their jobs. They’ll just be a surplus population.
frezik@midwest.social 1 month ago
Yes. Those laid off workers aren’t going to a world where they’re free to engage in their desired pursuits. They’re making hard decisions to keep their family alive. That second part is important.
Maeve@midwest.social 1 month ago
If everyone has all their needs adequately met and excessive 79 mn annual salaries are non-existent.
Pavidus@lemmy.world 1 month ago
This just might be the stupidest fucking comment I’ve seen all week.
Telodzrum@lemmy.world 1 month ago
You type without looking?
dovahking@lemmy.world 1 month ago
You definitely type without thinking.
mayo@lemmy.world 1 month ago
The trap where the thing you’re saying is totally valid and accurate but it’s not the thing to be talking about. I don’t know where this thinking comes from or what it’s called, but I notice it within conservative groups (probably because I’m critical by default of those ideas). It reminds me of BLM protests and how Ben Shapiro was talking about damage to property and business owners when the actual issue and discussion to be had is entirely different. It just serves to support the problematic behaviour that people are trying to change.
So yes, there was a surge in demand and they over-hired and letting people go is the right choice, but the whole situation is fucked and the optics of this kind of raise is dogshit.
frezik@midwest.social 1 month ago
They were labor heavy because they (and all the other tech giants) overhired during the pandemic assuming that record profits would continue forever. Then they had Surprised Pikachu Face when that didn’t happen. That’s not doing his job. It should have been obvious the spike was temporary.
Nojustice@lemmy.ml 1 month ago
Came here to say exactly this.