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Microsoft boss Satya Nadella’s whole pay package deal elevated by 63% this fiscal yr, reaching $79.1 million.
As said in a regulatory filing, $71.2 million was inventory awards, which noticed an 81% rise. $2.5 million of the package deal was Nadella’s wage, with $5.2 million for a “non-equity incentive plan compensation” and $169,791 in different compensation.
In his annual letter to shareholders, Natya described 2024 as a “pivotal yr” for the corporate, highlighting its acquisition of Activision Blizzard in October 2023 and its improvements in cloud gaming.
Nonetheless, Microsoft has been hit with large waves of layoffs this yr with over 2,500 jobs misplaced.
Earlier this yr, 1,900 staffers from the firm’s gaming division have been made redundant. Final month, 650 employees were laid off as a part of its strategy of “aligning [its] post-acquisition staff construction.”
Four Bethesda studios were shut down in June, together with Arkane Austin, Tango Gameworks, Roundhouse, and Alpha Canine. Krafton has since acquired Tango Gameworks as a part of a “strategic settlement.”
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