> "...hobnobbing at Davos is part of doing business for major tech corporations and the events are planned far in advance making it difficult to change them..."
As far as I can tell, the concert wasn't a perk for MS execs, it was a networking event for those execs to build relationships on behalf of Microsoft with powerful people/institutions from across the world at the World Economic Forum. And an exclusive concert with Sting is a good way to get important people into the room with you, rather than competing events.
And of course planned long in advance of layoffs, and totally separately. But this is what the elite trying to influence other elite looks like.
So I'm not really sure what anyone is complaining about. Was Microsoft supposed to cancel the event at the last minute but still pay Sting his full fee that had already been contracted? Or is Microsoft not supposed to be engaging in the kind of elite influencing and lobbying that it needs to build its business? Because Davos is exactly the kind of place that can pay large dividends for Microsoft.
[1] https://www.wsj.com/livecoverage/davos2023/card/microsoft-ho...