Microsoft's Satya Nadella says job cuts have been 'weighing heavily' on him

  • In a memo to Microsoft's more than 200,000 employees on Thursday, CEO Satya Nadella said the company's layoffs this year have been "weighing heavily" on him. The company has cut over 15,000 people in 2025, and investors have rewarded Microsoft for it, pushing the stock's closing price above $500 for the first time on July 9.