Dare Obasanjo

Microsoft’s stock price is close to an all time high and it makes billions each quarter but no raises for employees this year due to “the economy”.

Instead the CMO says employees should figure out ways to make the stock price go up instead. But I thought they already did that? 📈

https://fortune.com/2023/05/17/microsoft-cmo-tells-employees-stock-price-most-important-lever-pay-raise/

Microsoft CMO tells employees the stock price is the ‘most important lever’ to get a pay raise after cashing out on $4.4 million worth of stock this month

Microsoft employees, upset about not getting raises this year, voiced their displeasure on an internal chat platform and got a response from the company's marketing boss.

Fortune
May 20, 2023 at 10:50amWeb
Show threadshyduroffMay 20, 2023
@carnage4life … chief morons’ officer …
Show threadBoredomFestivalMay 20, 2023
@carnage4life aka "haha, sucks to be you, plebes"
Show threadsavaranMay 20, 2023
@carnage4life reminder to people, if you didn’t get a raise that at the minimum matched inflation than your employer effectively stole money from you this year.
Show threadUkiah Danger SmithMay 20, 2023

@carnage4life what's the point of a high stock price?

Just so people can sell it high?

Show threadxianMay 20, 2023
@carnage4life cult
Show threadfelixMay 20, 2023
@carnage4life So he's not only daring his employees to find a better job elsewhere. Given the market's response to staffing reductions vs anything else recently, he's _telling_ them to go.
Show threadAviva GaryMay 20, 2023
@carnage4life Anything not to pay people
Show threadJack StephensMay 20, 2023
@carnage4life Perhaps it is time for a union and a strike in Redmond.
Show thread🌈 Andrew ☄️May 20, 2023
@carnage4life if the stock price is the “most important lever to get a pay raise”, and the stock price going up did not lead to a raise… then maybe the lever went the wrong way? I’ve heard you can make the stock price go down by talking about unions