Transformation is messy: Nadella after Microsoft cuts 9,000 jobs
Microsoft CEO Satya Nadella addressed the latest layoffs of cutting 9,000 employees in July. Despite the layoffs, Nadella said that Microsoft's headcount remains the same and highlighted that the company is thriving and shrinking simultaneously, and called the transformation "inherently messy". He said that this reflects the realities of the tech industry with no "franchise value".