Microsoft 
Microsoft will lay off as many as 3,000 employees as part of a reorganization of its sales and marketing efforts, the Redmond, Wash.-based tech giant announced Thursday.The company, which declined to specify the number of positions being eliminated, portrayed the job reductions as less a cost-cutting measure and more a reorientation in support of its cloud-services product Azure. Under CEO Satya Nadella, Azure has become a bigger and bigger priority as the company seeks to become more competitive with other...
Microsoft
Satya
Nadella
Chairman / CEO
After seven years as Microsoft CEO, Nadella became chairman of the board in 2021, putting him alone atop the tech giant’s power grid. He has delivered in 2022, announcing in fiscal Q2 that the Xbox Game Pass service surpassed 25 million subscribers and advertising revenue exceeded $10 billion over the previous 12 months. Soon after, Microsoft announced a plan to acquire Activision Blizzard for $69 billion, an agreement that hasn’t sat well with PlayStation giant Sony and is being challenged by the FTC as of December. Other showbiz-related news: Microsoft will be the exclusive technology and sales partner for Netflix’s first ad-supported subscription offering, launching in 2023.
