Weeks after Microsoft’s latest round of layoffs, CEO Satya Nadella addressed the elephant in the room. The company is enjoying record financial success. Yet it’s laid off 15,000 employees since May. To continue reading, log in or subscribe.

Microsoft CEO Satya Nadella didn’t send a company-wide memo when the software maker laid off as many as 9,000 employees earlier this month. Now, Nadella is finally addressing what’s on many Microsoft employee’s minds: layoffs.

The cuts at Microsoft reflect an overall trend across the tech industry, with over 80,000 positions eliminated in 2025, according to one count.