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NullTuples

(6,017 posts)
Fri Jan 20, 2023, 09:57 PM Jan 2023

Microsoft lays off 10k due to biz being soft, holds expensive private Sting concert for top execs [View all]

According to The Wall Street Journal, Gordon Matthew Thomas Sumner, better known as Sting, was paid by Microsoft to entertain an "intimate gathering of 50 or so people, including the company's top executives" at the Swiss resort during the annual World Economic Forum. Attendees must have been Walking On The Moon.

Artists with the clout of 71-year-old Sting, who once led '80s rock band the Police, can fetch a fee of six to seven figures for an evening's work, and yet the next morning Microsoft CEO Satya Nadella sent an SOS to the world saying that the company couldn't afford to pay 10,000 of its employees anymore.


https://www.theregister.com/2023/01/20/microsoft_sting_davos/
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