Microsoft hosted Sting live performance in Davos earlier than pronouncing layoffs

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On Tuesday night, Microsoft hosted an tournament. It used to be an intimate collecting of fifty or so other folks, together with the corporate’s most sensible executives, who were given to whilst away the night taking note of a efficiency by means of the musical artist Sting, stated other folks aware of the development.

The live performance would finally end up sounding a bitter observe to a few workers at Microsoft
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the following morning. On Wednesday—whilst a lot of the corporate’s management group used to be midway around the globe from its Redmond, Wash. headquarters—it introduced plans to put off 10,000 other folks. It used to be the biggest spherical of layoffs Microsoft has had since 2014, and as CEO Satya Nadella would give an explanation for in a weblog publish, mirrored the will for the corporate to evolve to an international financial slowdown.

Most sensible Microsoft executives were a big presence at this 12 months’s International Financial Discussion board. On Tuesday Nadella used to be interviewed on level for a Wall Side road Magazine panel and he spoke concerning the promise of man-made intelligence. On Wednesday, he used to be on level once more, discussing the headwinds for the tech business, and the wish to do extra with much less.

Because the Microsoft layoffs got here down, some workers described all of it as a nasty glance. Whilst hobnobbing at Davos is a part of doing industry for main tech firms and the occasions are deliberate some distance prematurely making it tricky to switch them, some workers idea it wasn’t the best time for a company-sponsored Sting live performance. The theme of the development used to be sustainability.

An expanded model of this tale is to be had at WSJ.com



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