Microsofts stock price has fallen 27% since reaching its high for the year Feb. 10; the S&P 500 has dropped 31% in that period. I'm confident that this movewill befor the better. Read the email sent to Microsoft staff below: We're living through times of significant change, and as I meet with customers and partners, a few things are clear. Nadella also posted another. And thats how we will approach it., And on the global community:Its not about just doing corporate responsibility stuff. Should have put Joe Belifor in charge of Windows Phone. I buy more books than I can finish. I'm thankful for the wise strategic counsel Mark has provided, and I look forward to seeing what he does next. Note that it might not be a good idea for you to stand too firmly on the what you thought were fresh ideas. The rule of three simply means that most people think in groups of three or four. There are some powerful lessons here for leaders. Surely need a wider base, perhaps with Scott H taking on some Azure technical Director. I came here because I believed Microsoft was the best company in the world. And like anyone else, a lot of what I do and how I think has been shaped by my family and my overall life experiences. You left out "I regret the loss of leadership that this represents, and look forward to seeing where his next destination will be." Team, Microsoft has proven that it has all three in abundance. We look forward to extending our journey to create a more diverse and inclusive culture to our new colleagues at Activision Blizzard, and ensuring all our employees can do what they love, while thriving in a safe and welcoming environment one where everyone feels empowered to do their best work. Please refresh the page and try again. Time is running out on free COVID tests and vaccines; what then? As we start a new phase of our journey together, I wanted to share some background on myself and what inspires and motivates me. One Microsoft. We sometimes underestimate what we each can do to make things happen and overestimate what others need to do to move us forward. Finally, I truly believe that each of us must find meaning in our work. Build the intelligent cloud platform 3. I see the struggle in our local community, and around the world, the empty streets and restaurants, and I wonder when our social fabric will be restored., Jeff Bezos, CEO of Seattle-based Amazon, Microsofts larger rival in the cloud-computing industry, also wrote a letter to employees Saturday, predicting that things are going to get worse before they get better. In the letter to Amazons global workforce of 798,000, shared on Bezos Instagram account, he wrote, This isnt business as usual, and its a time of great stress and uncertainty., Nadella said in his email that Microsoft is in a position to help slow the pandemic by demonstrating leadership in the face of adversity and maximizing the companys biggest strength bringing people, ideas and solutions together quickly through tech. I am here for the same reason I think most people join Microsoft to change the world through technology that empowers people to do amazing things. Earlier this year, Microsoft CEO Satya Nadella shared a difficult announcement with his team: in response to economic challenges, 5% of Microsoft's workforce an estimated 10,000 employees would be losing their jobs.Just a few days later, Nadella shared news of a very different kind with his. After the acquisition, Microsoft CEO and Chairman Satya Nadella wrote an email to the company's employees, as per a report by The Verge. Yup. Yes, and it "should" run a version Windows as it is included in the "Windows as a service" train of thought and it is a Microsoft product. Employees; Technology; Start-up; Productivity; Communication; Vladislav Soloviev: the best CEO of the year is it Elon Musk or Satya Nadella? We want to make it easier for people to connect and play great games wherever, whenever and however they want. The book was Mindset by award-winning Stanford psychologist Carol Dweck. Today is a very humbling day for me. In addition I'm planning to acquire a newly released Windows Phone ready to run Windows 10 properly, giving me a unique experience. Nadella could have stated, "This bum didn't get the job done, so he's out," but that doesn't flow well with the karma he believes in. He discussed on detail about Microsoft's vision and strategy which is around three key things. I hope some big things lie in the 'phone hardware space' ahead of us. Read the email sent to Microsoft staff announcing its layoff plans. . Changes of this nature require us to look at our leadership structure overall, and as a result a few Senior Leadership Team members will leave Microsoft at the conclusion of a transition period. Our deepest sympathies go out to his friends and family. In our early history, our mission was about the PC on every desk and home, a goal we have mostly achieved in the developed world. Watch for him to show up at google. Wow. I want to extend my deepest thanks and gratitude to everyone who has contributed to Microsoft up to this point and to all of you who will continue to contribute as we chart our path ahead. The two should be working together. Each of us, wherever we are, has the opportunity to do the same take an action driven by hope, a small step that makes things a bit better. Opinions expressed by Forbes Contributors are their own. He mentioned the companys work to bring trusted news and facts about COVID-19 to LinkedIn members and on Bing, while working with Facebook, Google and Twitter to bring authoritative content to those platforms and combat fraud and misinformation about the virus.. His predecessor Steve Ballmer's vision of "devices and services"wasn't working: The company's Nokia acquisition had proven to be an albatross around its neck, even as companies like Apple and Google snatched up more of the smartphone market; the PC market was shrinking, leading to declines in Microsoft's flagship Windows business, and the Xbox One console's poorly-received launch made it a punchline. Founder of FutureOfWorkUniversity.com. I saw this re org stuff all the time and you can bet your butt these folks got sacked. Today, Microsoft is the No. Apple speakers are really good, but they tend to sound prophetic when they speak. With Elop leaving and the talk in the letter about accountability its probably likely that getting the Windows 10 Phones out (especially the highend flagships) is probably badly behind schedule. I am 46. Because people who can take feedback well are people who can learn and grow quickly.". This starts with clarity of purpose and sense of mission that will lead us to imagine the impossible and deliver it. In these early days that would be like asking, at the dawn of the 19th century, who will come out top from the It reminds me of my very first day at Microsoft, 22 years ago. While Elop was CEOat Nokia, helped to build the best camera a phone has ever seen (talking about Lumia 1020, sorry iPhone 6, but the Lumia 1020 still beats your camera), but in Microsoft, I didn't saw him announce anything important. U hate him so much? Sucks to be you. Microsoft announced plans Tuesday to hire 20-year veteran exec Satya Nadella as its new CEO, transitioning founder Bill Gates to a new role as technology adviser. It will enable businesses to engage customers in more meaningful ways. Also, he added, the Redmond company has provided tech infrastructure to telemedicine and for video chats with patients most vulnerable to the virus. U.S.-benefit-eligible employees will receive a variety of benefits, including above-market severance pay, continuing healthcare coverage for six months, continued vesting of stock awards for six months, career transition services, and 60 days' notice prior to termination, regardless of whether such notice is legally required. says. Were living through times of significant change, and as I meet with customers and partners, a few things are clear. Microsoft announced plans to cut its workforce by 10,000 people on Wednesday, warning employees it was "living through times of significant change.". Panos speaks with confidence and so comfortable on stage like he's been your friend for years. The best work happens when you know that it's not just work, but something that will improve other people's lives. Next, every one of us needs to do our best work, lead and help drive cultural change. And third, we will treat our people with dignity and respect, and act transparently. Microsoft CEO Satya Nadella read a book that changed his outlook on leadership and business. Will it run Windows? I wish him sucess on his new job. His biggest frustrations were Microsoft's flops in the consumer market, including Bing, a search engine the company . Sattyat forgot to tell the staff to bring back Rooms Hope he doesn't carry Microsoft innovations to Apple. As such, we are taking a $1.2 billion charge in Q2 related to severance costs, changes to our hardware portfolio, and the cost of lease consolidation as we create higher density across our workspaces. Stay up to date with what you want to know. Must read everyone, how a common man can rise and shine in the world. As a company, our success must be aligned to the world's success. The subject line of Nadellas March 29th email is: Embracing our future: Intelligent Cloud and Intelligent Edge. In eight words, Nadella gives his employees a reason to read the email and in one sentence summarizes the emails main message. Were adding new generative AI features to help sellers close deals more quickly. Microsoft CEO Satya Nadella has sent out an email to the employees of his organisation, over the spread of highly-contagious coronavirus. And with every service and device launch going forward we need to bring more innovation to bear around these scenarios. When asked for the number one thing she looks for in employees, Sheryl Sandberg replied: "Someone who takes feedback well. Many companies aspire to change the world. Look about what happened with this technician from Nokia with high expertise in camera lenses who was acquired by Apple, and probably there are more examples as that. If we deliver on this, we will emerge stronger and thrive long into the future; its as simple as that. I know it can sound hyperbolic and yet its true. I fundamentally believe that if you are not learning new things, you stop doing great and useful things. IMO Elop is a hardware guy, since Google sold Motorola, I'm not sure if Google is the correct company to start working with. The company's transformation is visible in financial metrics. This is the core of who we are, and driving this core value in all that we do be it the cloud or device experiences is why we are here. Nadella's mantra sounded similar to Ballmer's, but it represented a fundamental shift for the company to focus on cloud computing. The announcement of Zain's death was acknowledged by the Company. Steve and Bill have taken it from an idea to one of the greatest and most universally admired companies in the world. 1. 2. Microsoft CEO Satya Nadella admits to feeling the personal anxieties many of his employees have shared about the coronavirus pandemic. This is the context in which we as a company must strive to deliver results on an ongoing basis, while investing in our long-term opportunity. Here's the new team effective today: I'm certain that matching our structure to our strategy will best position us to build products and services our customers love and ultimately drive new growth. But he couldnt offer long-term guarantees about how long the companys status quo will continue if the pandemic and economic downturn arent checked. If Satya is publicly speaking again in the next few months I would like to know what he and microsoft consider the definition of innovation. The . A new focus on people and talent. Its also having a core business model and a core identity as your business self that helps the world do better at a time of need. Finally, I truly believe that each of us must find meaning in our work. In our everyday work, it's easy to get caught up in the day-to-day and neglect to see how our work affects others. The email assures workers the company will continue paying impacted retail-store employees and hourly service providers their regular wages regardless of time worked. Diverse and inclusive. Ctrl, Alt, Nadella: can Microsofts new CEO reboot the software giant. Could be due to yet another shift in strategy. The best work happens when you know that its not just work, but something that will improve other peoples lives. It passed a. Microsoft is combining the tech behind OpenAI's ChatGPT with its Bing search engine. Finally, I truly believe that each of us must find meaning in our work. We are committed to ensuring all those whose roles are eliminated have our full support during these transitions. I am here for the same reason I think most people join Microsoft to change the world through technology that empowers people to do amazing things. We can learn and grow. As a company, our success must be aligned to the worlds success. We are the only company with history and continued focus in building platforms and ecosystems that create broad opportunity. Vladislav Soloviev is a political scientist, analyst, economic columnist and blogger. Satya Nadella shared the below communication today with Microsoft employees. Gaming has been key to Microsoft since our earliest days as a company. Next, every one of us needs to do our best work, lead and help drive cultural change. Access your favorite topics in a personalized feed while you're on the go. Nadellas communication is consistent because he understands the power of a consistent vision to rally employees around a common purpose. Our job is to ensure that Microsoft thrives in a mobile and cloud-first world.". We are the only ones who can harness the power of software and deliver it through devices and services that truly empower every individual and every organization. We are all in this together as a global community. Reinvent productivity and business processes 2. I do agree that there are three distinct "parts" of Microsoft. I fundamentally believe that if you are not learning new things, you stop doing great and useful things. I mean he has a different cultural background! To paraphrase a quote from Oscar Wilde we need to believe in the impossible and remove the improbable. Together with Activision Blizzard, we believe we have an incredible opportunity to bring the joy and community of gaming to everyone on the planet, and we will invest and innovate to create the best content, community and cloud for gamers. A Power Platform template released by the company last week, he added, enables customers to share information and collaborate during a crisis. Microsoft CEO Satya Nadella has now sent an email to LinkedIn employees, commenting on the company's decision to acquire the business-themed social network. Visit our corporate site (opens in new tab). When you take others' feelings and perspective into account when seeking to improve your own work, you connect with them on an emotional level. Microsoft Corp said on Thursday it will slash up to 18,000 jobs, or 14 percent of its . This will be made possible by an ever-growing network of connected devices, incredible computing capacity from the cloud, insights from big data, and intelligence from machine learning. Jan 18, 2023 Microsoft has proven that it has all three in abundance. I am here for the same reason I think most people join Microsoft to change the world through technology that empowers people to do amazing things. Today, its the largest and fastest-growing form of entertainment, and as the digital and physical worlds come together, it will play a critical role in the development of metaverse platforms. People with a fixed mindset believe their qualities (intellect, skills) are carved in stone. Our industry does not respect tradition it only respects innovation. Were making sure we have some care help and about how we take care of them so they have some flexibility and some quarantine time. Like you, I had a . To paraphrase a quote from Oscar Wilde we need to believe in the impossible and remove the improbable. You can read the letter in its entirety below. gotta agree Panos is the best ive seen from MS and a close second is Joe. First, we will align our cost structure with our revenue and where we see customer demand. Subject: RE: Satya Nadella Microsofts New CEO. Qi Lu captured it well in a recent meeting when he said that Microsoft uniquely empowers people to "do more." Integration of Digital Technology 2. . In a memo to employees, Microsoft CEO Satya Nadella said that the company will be "making changes that will result in the reduction of our overall workforce by 10,000 jobs through the end of . We know this is a challenging time for each person impacted. In eight words, Nadella gives his employees a reason to read the email and in one sentence summarizes the email's main message. Activision Blizzard is one of the largest game publishers worldwide across console, PC and mobile, and its home to nearly 400 million monthly active players, along with iconic games including Call of Duty, Candy Crush, World of Warcraft and Diablo. I am 46. Microsoft did not immediately respond to a request for comment from Insider. Under Kirill's leadership, the Dynamics business has grown to a nearly $2 billion business with an ambitious wave of products on the horizon. I will be hosting a webcast with investors at 6 a.m. PT with Phil and Amy, as well as Bobby Kotick, the CEO of Activision Blizzard, to share more details on our big ambitions for gaming. Perhaps most important though, Kirill and team have shown us that participating in a meaningful way in the CRM and ERP market opens up new opportunities we can uniquely take advantage of by bringing Dynamics into Microsoft's mainstream engineering, sales and marketing efforts. The email by Nadella comes at a time when most of the . The C+E team will also focus on building high-value infrastructure and business services that are unique to enterprise customers, such as data and analytics products, security and management offerings, and business processes. New York, For me, the best way Ive found to get past this anxiety is to focus on what I can do each day to make a small difference. Satya states that Microsoft will embrace a growth-mindset and demonstrate a growth mindset in 3 key areas: Customer-obsessed. I wish Microsoft should reach new height under his motive leadership. I've been fortunate to work closely with both Bill and Steve in my different roles at Microsoft, and as I step in as CEO, I've asked Bill to devote additional time to the company, focused on technology and products. I hope my plans finish in a happy end, knowing Microsoft is going to support me without time limit in a way beyond. A new wife in the making, eh? We are the only ones who can harness the power of software and deliver it through devices and services that truly empower every individual and every organization. Joe b. can do it very very good. In an interview, Wall Street Journal With the structural change described above, Stephen and I have agreed that now is the right time for him to retire from Microsoft. In his interview with The Times, Nadella said hefeels Microsofts technological and human ability to adapt to a largely remote workplace and meet outside demands has grown by orders of magnitude in the last month and enabled a quick enough pivot to avoid undue exposure to the economic downturn. It would be great if it did. Well, I just wanted to share my fears about this new cuts. And if everyone does something that makes the world a bit better, our collective work will in fact make the world a lot better, for the people we love, for our communities, for society.. That's basically "you got fired". And with every service and device launch going forward we need to bring more innovation to bear around these scenarios. He warns that "While we have seen great success, we are hungry to do more. Microsoft's CEO Sent an Extraordinary Email to Employees After They Committed an Epic Fail. Today is a very humbling day for me. That's why I found Microsoft CEO Satya Nadella's sit-down interview on July 25th with cheddar.com so intriguing.