Microsoft's Satya Nadella says job cuts have been 'weighing heavily' on him
Publishing timestamp: 2025-07-24 14:53:17
Summary
Microsoft CEO Satya Nadella addresses the layoffs that have been weighing heavily on him in a memo to employees. Despite the cuts, investors have pushed the stock price above $500 for the first time. The layoffs are reflective of a trend in the tech industry, with over 80,000 positions eliminated in 2025. Nadella also discusses the company's mission in the era of AI.
Sentiment: MIXED
Keywords: nvidia corp, business news, technology, business, enterprise, breaking news: technology, microsoft corp,
Source: https://www.cnbc.com/2025/07/24/microsoft-satya-nadella-memo-layoffs.html