Realistically though, the employees total comp was probably close to 120k per person including benefits and employer taxes, otherwise people are making poverty wages. So 300m spending was required.
Microsoft reported ~$90 billion in profits in FY 2024, or enough to pay those workers $120,000 for the next three centuries
You got a source for that? Or are you just bootlicker for Microsoft?
I don’t really care either way because you’re defending billionair ceos.
Imagine going to bat for Microsoft of all corporations.
How am I a bootlicker?
I know you have an agenda but anybody who knows fucking anything about american tech knows the wages aren’t low like… well pretty much everywhere else. My 120k estimation of headcount costs are WAYYYYYY lower than what ziprecruiter thinks the median wage at microsoft is ($115,590). https://www.ziprecruiter.com/Salaries/Microsoft-Salary
Usually about 30% of the cost of an employee are things that are not wages. So that 115kish is only 70% of the total nut, give or take.
I’m not for ludicrous senior executive pay. The real problem isn’t even that though, it’s the legal obligation to make as much money as possible for the ownership class. There is no obligation for employers to really do fucking anything for their employees beyond what the law mandates - and US labor laws are a fucking joke.
I know you have an agenda
everybody has an agenda. It’s just the scary word for “opinion” or “bias”. You obviously have an agenda trying to handwring about the precise number employees at Microsoft get paid rather than focus on the point - CEOs get big bonuses while they “have” to cut back and fire employees.
Sure, the rest of the execs split the other savings. The CEO just got the lion’s share. That bonus alone even with your numbers, would be enough to keep almost 700 of those employees.
The
CEOshareholders just got the lion’s share.
ftfy, target the ownership class first because they have nearly the whole pie.
So we agree he could have afforded to not lay off at least 625 of the 2500 people (if we’re going by your massive assumption that all 2500 were signed on positions that pay 120k a year)
average salary at msft is just about 120k. https://www.ziprecruiter.com/Salaries/Microsoft-Salary
only 70% of employee cost is typically salary. So 120k was highly conservative.
Who gives a shit about average when there’s several millions given out in bonuses? It’s the median that counts. And again you are making massive assumptions about who was fired.
There is a discussion to be had about how those resources are best allocated, but of course you’re not really interested in any of this, if you were you’d have responded to @Hexboare@hexbear.nets comment. You just want to run defence for Microsoft for some asinine reason.
