Inside Microsoft’s CEO’s Unseen Struggle: Why Massive Layoffs Haunt Him Despite Record Profits
“Microsoft is being recognized and rewarded at levels never seen before,” Nadella wrote. “And yet, at the same time, we’ve undergone layoffs. This is the enigma of success in an industry that has no franchise value.”
Nadella explained the disconnect between thriving financials and layoffs by stating that “progress isn’t linear” and that it is “sometimes dissonant, and always demanding.” He noted that headcount at Microsoft “is relatively unchanged” as the company continues to hire new workers, and he doesn’t promise that there won’t be more layoffs in the future. Microsoft reported employing 228,000 workers as of June 2024.
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