'Success Is Not About Longevity': Microsoft CEO Says Company is 'Thriving' Despite Layoffs and Cancellations
In what has quickly sparked heated debates between industry professionals and the general public,MicrosoftCEO Satya Nadella published a letter to staff and fans claiming that the company is “thriving” after laying off 9000 employees and canceling in-development games. Those 9000 layoffs were just the latest round of “restructuring” across multiple divisions underMicrosoft, with redundancies beginning in 2023 and now totaling well into the tens of thousands. The video game industry as a whole has seen massive reductions in recent years, with dozens of game cancellations, development studio closures, and big-name companies like Sony, Embracer Group, andMicrosoft announcing fresh rounds of layoffson a startlingly frequent basis....