Gates and Ballmer Get Bonus Cut, Blame Vista

Thursday, October 5th, 2006

Biggs is the editor of TechCrunch Gadgets. Biggs has written for the New York Times, InSync, USA Weekend, Popular Mechanics, Popular Science, Money and a number of other outlets on technology and wristwatches. He is the former editor-in-chief of Gizmodo.com and lives in Bay Ridge, Brooklyn. You can Tweet him here and G+ him here. Email him directly at john@techcrunch.com. → Learn More

In an all but unreadable stat burp from Bloomberg, we learn that Stevie and Bill are getting a 13% bonus cut this year, giving them $350,000 each in walking around money. The boys earned $616,667 last year, which means they’re going to Disney this holiday.

Shares fell 6.2 percent this prior fiscal year due to XBox and Vista issues and, interestingly enough, the average signing bonus for MS newbies is $7 million plus $82,000 relocation expenses, if new COO Kevin Turner’s filing info is any indicator. Oh, wait. That’s only if you once exploited folks at Wal-Mart.

Microsoft Cuts Bonuses for Bill Gates, Steve Ballmer [Bloomberg]

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