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.
He deserves it. He made the deal to own 49% of OpenAI, which is quickly becoming one of the most valuable companies of all time.
You can feel that he made good business decisions, but it’s pretty awful to be rewarded so much for being the root cause of so many layoffs, don’t you think?