Microsoft Gaming laid off over 2,500 workers this year, CEO gets a $79 million bonus
- Thread starter Fenton
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This would've been ridiculous if Phil Spencer was the one getting a pay rise.
Satia Nadella probably has 0 KPIs directly related to the gaming division. They're all related to business and revenue growth of which gaming is probably less than 10%. The board and investors don't decide his bonus overnight. This was probably defined late last year, and the only reason he's getting this bonus is because the corresponding KPIs were met.
Besides, laying off game developers was always going to be necessary the moment the global revenue growth in gaming was found to not even keep up with inflation, meaning the market actually shrunk. It's not about making more or less money for Microsoft, it's about business sustainability.
Being angry at stuff like this is nonsense.
Satia Nadella probably has 0 KPIs directly related to the gaming division. They're all related to business and revenue growth of which gaming is probably less than 10%. The board and investors don't decide his bonus overnight. This was probably defined late last year, and the only reason he's getting this bonus is because the corresponding KPIs were met.
Besides, laying off game developers was always going to be necessary the moment the global revenue growth in gaming was found to not even keep up with inflation, meaning the market actually shrunk. It's not about making more or less money for Microsoft, it's about business sustainability.
Being angry at stuff like this is nonsense.
C suite pay is predominantly linked to revenue and more importantly profit. MS met its goals, so there it is.
This shit reminds me of @Bryank75,
The website made zero money this year. There was no new cash for a new game, no voucher on the PlayStation store, nothing, but somehow, Bryan is taking a second holiday this year in the Maldives.
Xbots can get mad at Satya all they want about this. The MS board of directors probably also realize that Gamepass growth wasn't a realistic goal, or they wouldn't have let Satya off from that performance target.
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Well, he removed his bonus from the gamepass growth metric. A very smart man
Meh I dont think anyone cares about unknown strangers losing jobs, All this comes off as some morality grandma preaching. Most of them dont even deserve jobs with the buggy games they put out
CEO KPIs change so often that they're never losing, really makes you think.
Resetera, twitter, US Gov and the whole damn gaming industry were rooting for this underdog to get his fat paycheck. They get exactly what they deserve.
Here's to more layoffs, studio closures and game cancellations coming soon.
Here's to more layoffs, studio closures and game cancellations coming soon.
Video games had been taking money away from Microsoft for over 20 years now. Who doesn't need who?