Microsoft Cuts Top Executive Salaries

Posted: Sep 30 2009, 10:19am CDT | by , Updated: Aug 11 2010, 4:32pm CDT, in News | Notebooks and PCs


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Alright guys, I'm seriously starting to get worried here. Between Project Natal, the Zune HD, Windows 7, and the oh-so-gorgeous Courier, Microsoft has been hitting home runs left and right. Normally they spend their efforts releasing derivative products, putting innovators like Netscape out of business, and arguing with Congress. How on earth did the lumbering dinosaur of the tech world suddenly get so cool?

This new found Microsoft-awesomeness extends even beyond their product line. Microsoft recently ended their worst fiscal year in history. Profits for the software giant are down 3%, which marks the first sales decline in the corporation's history. Considering the state of the economy (and the myriad failures of Vista) that's not surprising. What is surprising, is how they reacted to it.

Instead of firing workers or slashing benefits, Redmond cut the salaries of all of their top executives. Even CEO Steve Ballmer saw a drop in his total compensation. The reason for the pay cut was simple; Microsoft's business divisions didn't sell as well as they'd expected, so the leaders of those divisions had their compensation reduced.

Microsoft, if you keep this "acting like a nice company" stuff up, we may have to start liking you, and that would just be weird.

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<a href="/latest_stories/all/all/5" rel="author">Robert Evans</a>
The excitement about new smartphones, tablets and anything mobile drive Robert to unearth the latest rumors and developments in this fast moving space. He adopted 4G as soon as it become available and knows where the mobile market is going.
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