Tech
‘Want to express my sincere gratitude to those who have left’: CEO Nadella issues memo after Microsoft layoffs
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Microsoft CEO Satya Nadella has addressed the emotional toll of the company’s sweeping job cuts in a memo to employees, even as the tech giant continues to post record profits and doubles down on artificial intelligence investments.
The memo comes in the wake of over 15,000 job eliminations across Microsoft in 2025, including around 9,000 earlier this month. While the company’s stock has surged — crossing $500 for the first time on July 9 — and net income over the past three quarters hit $75 billion, Nadella acknowledged what he called the…
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