Steve Ballmer is set to make $1 billion a year for doing nothing | CNN Business

Comments

• MonkRome@lemmy.world ⁨11⁩ ⁨months⁩ ago

  Making money for doing less than nothing, just like when he was CEO!

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• AbackDeckWARLORD@sh.itjust.works ⁨11⁩ ⁨months⁩ ago

  It’s a sickening juxtaposition since Microsoft also laid off thousands of people this year too.

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  • AlternatePersonMan@lemmy.world ⁨11⁩ ⁨months⁩ ago

    Assuming $100k salary per employee, the money Balmer didn’t need could have saved ten thousand jobs. That’s a disgusting amount of wealth. No sane person hordes that much money.

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    • Aux@lemmy.world ⁨11⁩ ⁨months⁩ ago

      Wealth is not money.

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  • iraq_lobster@slrpnk.net ⁨11⁩ ⁨months⁩ ago

    :(

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• Fleamo@lemmy.world ⁨11⁩ ⁨months⁩ ago

  It’s not for doing nothing, it’s for doing things he already did. He got the stock as part of his compensation plan at Microsoft.

  And a dividend of $0.75 per share is 0.2% interest at the current share price, he could get more in a savings account and 20x that in a CD or something. The dividend isn’t crazy high. He just had a shitload of their stock.

  Executive compensation as a whole is a story, but Steve Ballmer is not doing anything particularly noteworthy.

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  • iraq_lobster@slrpnk.net ⁨11⁩ ⁨months⁩ ago

    stock ownership need to have an expiration date. Sure he did work to reclaim the gains of these shares, but at a certain point these stocks need to be relinquished and shared among the real contributors of the company so they could also get a taste of their work. You can’t keep leeching off of people like this all the time, or whats the point of having kids and procreation overall ?

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    • CrayonRosary@lemmy.world ⁨11⁩ ⁨months⁩ ago

      Get my 401k outya mouth!

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    • Aux@lemmy.world ⁨11⁩ ⁨months⁩ ago

      If someone introduces such bull crap you will lose your pension.

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    • boatsnhos931@lemmy.world ⁨11⁩ ⁨months⁩ ago

      Sooo what you are saying is if I can afford to have coke injected directly into my body, I’ve made it to the big leagues???

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  • Blue_Morpho@lemmy.world ⁨11⁩ ⁨months⁩ ago

    It’s not for doing nothing, it’s for doing things he already did.

    Yeah, I’m more interested in how much Steve Jobs daughter made last year. Money gets whitewashed into the next generation like royalty.

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• LemmyKnowsBest@lemmy.world ⁨11⁩ ⁨months⁩ ago

  Guess what!? I work a hell of a lot harder for a hell of a lot less. isn’t that strange?

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  • iraq_lobster@slrpnk.net ⁨11⁩ ⁨months⁩ ago

    he racks such wealth because he is a shareholder who leeches of off the effort of 1000s of people like you that do actual honest work.

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• Pregnenolone@lemmy.world ⁨11⁩ ⁨months⁩ ago

  I mean, that is how capitalism works. This is as true for any owner as it is for Balmer.

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• squid_slime@lemmy.world ⁨11⁩ ⁨months⁩ ago

  the rich are rich as they care not for the poor

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• xantoxis@lemmy.world ⁨11⁩ ⁨months⁩ ago

  Eat his ass

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  • HerbalGamer@sh.itjust.works ⁨11⁩ ⁨months⁩ ago

    In a Justice way or in a Juicy way?

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• MNByChoice@midwest.social ⁨11⁩ ⁨months⁩ ago

  Lazy guy. I bet he spends some of that on drugs or alcohol.

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