Shulou(Shulou.com)11/24 Report--

CTOnews.com October 24 news, Microsoft CEO Nadella this year's revenue of 48512537 US dollars (CTOnews.com remarks: currently about 355 million yuan), compared with last year's 54946310 US dollars (currently about 402 million yuan), shrunk by 11.7%. According to filings, several Microsoft executives also saw their revenues shrink sharply this year.

CTOnews.com attaches the following list:

Position Person Revenue 2023 Revenue 2022 Revenue 2021 Revenue Shrinks This Year CEO Satya Nadella (Satya Nadella) 48512537549463104985828011.7% CFO Amy Hood (Amy Hood)19902897263195812346614124.4% Director Brad Smith 18115690234087392045589622.6% Microsoft Vice President Judson Althoff 1620471818848998

Nadella's annual income fell 11.7 percent this year, Amy Hood's pay fell 24.4 percent, and Brad Smith's pay fell 22.6 percent in fiscal 2022, according to the page.

Despite year-on-year revenue growth, companies around the world continue to face declining profits. As inflation runs rampant, rising costs of energy, fuel, supplies and raw materials destroy profit margins and make many companies decide to raise prices or lay off employees.

Many companies are raising the price of products and services while cutting jobs to keep their profits. The report said that Fortune 500 companies or small and medium-sized companies are laying off employees every week, with video game development being the hardest hit.

Related Reading:

Microsoft CEO Nadella's revenue this year is $48.5 million, down 11.7% from last year, according to the report

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