Keep up with the latest news and information by subscribing to our email list. This is a critical time for the industry and for Microsoft. Looking forward to what we can do together. I regret the loss of leadership that this represents, and look forward to seeing where his next destination will be. Compared to a compensation of $49.8 million in 2021 and Satya Nadella Salary Read More I,guess he might going for his own start up. says. Microsoft's CEO Sent an Extraordinary Email to Employees After They Committed an Epic Fail. This starts with clarity of purpose and sense of mission that will lead us to imagine the impossible and deliver it. ET Now Digital Our job is to ensure that Microsoft thrives in a mobile and cloud-first world. As for Elop, he obvilulsy feels pretty miffed off, and felt it was time to move on. Like many of you, there have been times over the past weeks where it has felt overwhelming and all-encompassing for me. As we look forward, we must zero in on what Microsoft can uniquely contribute to the world. And then, the protocols around Zain with us and the providers helping him and who work with us is what we are looking at.. "I am committed to making Microsoft the best place for smart curious, ambitious people to do their best work," Satya said. Integration of Digital Technology 2. . 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. 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. If we deliver on this, we will emerge stronger and thrive long into the future; it's as simple as that. February 4, 2014 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. This is the polite way in corporate world :) I am sure Elop said goodbye to thousands at Nokia and Microsoft himself :). In eight words, Nadella gives his employees a reason to read the email and in one sentence summarizes the email's main message. Two things While navigating the crisis, attempting to marshal forces within his company to become first responders to the first responders in the medical and scientific communities, Nadella and his wife, Anu, are also ensuring their immediate family and sons caregivers arent exposed to COVID-19, the illness caused by the novel coronavirus. Symbian/Meego crowd is one and then he was a competitor to CEO of MS so Nandela folks are happy for him to go. The Daily Digest for Entrepreneurs and Business Leaders. Xbox manufacturing now is under Myerson is the new part; the actual Xbox software team was already part of the Windows team. 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. Microsoft's market value is up to about $1.32 trillion at the time of this writing from around $300 billion when Nadella first took over, and revenue is up to $125.8 billion in 2019 from $86.8 billion in 2014. We need to prioritize innovation that is centered on our core value of empowering users and organizations to "do more." Many who know me say I am also defined by my curiosity and thirst for learning. It will enable businesses to engage customers in more meaningful ways. I hope my plans finish in a happy end, knowing Microsoft is going to support me without time limit in a way beyond. The . In the 2006 book Dweck explores the habit of having a growth mindset: the belief that our potential is not stagnant. To paraphrase a quote from Oscar Wilde we need to believe in the impossible and remove the improbable. If people are doing things out of fear, it's hard or impossible to actually drive any innovation.". Author, The Bezos Blueprint. Steve Ballmer repeatedly directed the question at his lieutenants in the year before he stepped down as CEO of Microsoft in 2014, according to two people who heard him ask it. Since I took over and have successfully peed on just about every spot of ground here at Microsoft, I'm happy to say I've destroyed just about every fresh approach undertaken in the past few years. They fail to grow because they dont think they can get better. Probably the best I've seen from microsoft. Future US, Inc. Full 7th Floor, 130 West 42nd Street, I came here because I believed Microsoft was the best company in the world. We have done it, were doing it today, and we are the team that will do it again. Success requires all of us and particularly the Senior Leadership Team to work across boundaries as one Microsoft and in harmony with our partners. Satya Nadella shared the below communication today with Microsoft employees. Thank you for signing up to Windows Central. Besides is beeing rumoured ongoing plans by Nokia to return to the smartphone business. Nadella said the decisions were "difficult, but necessary," and vowed that staff losing their jobs would be treated with "dignity and respect." This is the first restructure under Satya, correct? We want to make it easier for people to connect and play great games wherever, whenever and however they want. msn back to msn home money. | Microsoft News Center, From: Satya Nadella WDG will drive Windows as a service across devices of all types and build all of our Microsoft devices including Surface, HoloLens, Lumia, Surface Hub, Band and Xbox. Yup. Second, we will continue to invest in strategic areas for our future, meaning we are allocating both our capital and talent to areas of secular growth and long-term competitiveness for the company, while divesting in other areas. Hopefully the talent making new Lumias in Finland and elsewhere won't be nandelazid as well. Were also seeing organizations in every industry and geography exercise caution as some parts of the world are in a recession and other parts are anticipating one. But very few have all the elements required: talent, resources, and perseverance. He discussed on detail about Microsoft's vision and strategy which is around three key things. I believe over the next decade computing will become even more ubiquitous and intelligence will become ambient. Communication coach, Harvard instructor. At the same time, the next major wave of computing is being born with advances in AI, as we're turning the world's most advanced models into a new computing platform. One Microsoft. I am here because we have unparalleled capability to make an impact. This doesn't mean that we need to do more things, but that the work we do empowers the world to do more of what they care about get stuff done, have fun, communicate and accomplish great things. It will better connect us to our friends and families and help us see, express, and share our world in ways never before possible. 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. There is no playbook for this, and we need to have deep empathy and understanding for each others situations.. Today is a very humbling day for me. Were adding new generative AI features to help sellers close deals more quickly. When you purchase through links on our site, we may earn an affiliate commission. 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. It will enable businesses to engage customers in more meaningful ways. None of us are really in that level of control of what is going to happen and how its going to unfold and what the impacts are.. As in this case. Many who know me say I am also defined by my curiosity and thirst for learning. Will it run Windows? While we have seen great success, we are hungry to do more. We have done it, we're doing it today, and we are the team that will do it again. You really are an angry mushroom, aren't you? Leadership means making choices and then rallying the team around those choices, according to Nadella. 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. The cost benefit seems off here. His biggest frustrations were Microsoft's flops in the consumer market, including Bing, a search engine the company . Criticism helps us discover blind spots and find areas for improvement. Nadella has said that he plans to make Windows services platform neutral. I do agree that there are three distinct "parts" of Microsoft. 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. Ultimately, he said, the health of the company and the greater world around it are inexorably linked. TIMESOFINDIA.COM / Updated: Mar 23, 2020, 20:15 IST. Today, we are also moving the development teams who build our Dynamics products to C+E, which will enable us to accelerate our ERP and CRM work even further and mainstream them as part of our core engineering and innovation efforts. which isn't rude. It's official, Satya Nadella is Microsoft's next CEO, and on his first day on the job he's sent a letter to the whole staff. As we start a new phase of our journey together, I wanted to share some background on myself and what inspires and motivates me. Finally, I truly believe that each of us must find meaning in our work. | He mentions that he requested Bill Gates to help out more than he has in the past few years, and perhaps more importantly, he speaks generally of focusing the company on what it does best. The move, detailed by Microsoft CEO Satya Nadella in an email to employees Monday morning, represents an attempt to keep its compensation competitive in a tough market for tech talent, and. Good move Nadella, but now it's your time. Not so much. I am 46. That's why I found Microsoft CEO Satya Nadella's sit-down interview on July 25th with cheddar.com so intriguing. 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. Should have put Joe Belifor in charge of Windows Phone. 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. In a profile piece recently published by USA Today, Nadella shared part of the email he sent. However, even though they are separate, they still have a lot in common. "Nadella." Lastly, a number of months ago, Mark Penn shared with me that he is planning to leave Microsoft in September to form a private equity fund, among other things. Microsoft Corp said on Thursday it will slash up to 18,000 jobs, or 14 percent of its . Im also looking forward to working with John Thompson as our new Chairman of the Board. This represents less than 5 percent of our total employee base, with some notifications happening today. Sign up for our newsletter for the latest tech news and scoops delivered daily to your inbox. We are in uncharted territory, he wrote. Apple speakers are really good, but they tend to sound prophetic when they speak. Ive been fortunate to work closely with both Bill and Steve in my different roles at Microsoft, and as I step in as CEO, Ive asked Bill to devote additional time to the company, focused on technology and products. We do need the world to do well for us to do well., Thousands of WA workers may have to repay millions of dollars in pandemic benefits, Nordstrom to end Canadian operations amid financial struggles, Pioneering Moses Lake flight uses hydrogen to power regional airplane, Amazon shutters some convenience stores, including 2 in Seattle, Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs. For that specific move, Nadella wrote: "When Stephen Elop returned to Microsoft, he oriented MDG to create the best Microsoft experience through its devices, inclusive of hardware, software and services. 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. Also, he added, the Redmond company has provided tech infrastructure to telemedicine and for video chats with patients most vulnerable to the virus. 1. Heres how it works. This doesnt mean that we need to do more things, but that the work we do empowers the world to do more of what they care about get stuff done, have fun, communicate and accomplish great things. Dweck makes the persuasive case that successful people in business, sports and art started out rather ordinary, but they believed they could learn and get better. Watch for him to show up at google. EMPLOYEES. I came here because I believed Microsoft was the best company in the world. This blog is mainly for my foreign readers, outside India. Like you, I had a choice about where to come to work. I disliked this stupid nutalla from the beginning, this makes me dislike even more. Over the past year, I have said that Microsoft aspires to empower every person and every organization on the planet to achieve more. Yeah me too. Here it goes a motivational email. Over the years, Mark has leveraged his talents and insights on Microsoft's behalf. Microsofts 120,000 employees know what their CEO believes, how he sees the world, and where he wants the company to go. Windows Central is part of Future US Inc, an international media group and leading digital publisher. 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. Joe b. can do it very very good. To do this, building the best-in-class productivity services and platforms for the mobile-first, cloud-first world is at the heart of our strategy, with three interconnected and bold ambitions: Reinvent productivity and business processes. Like you, I had a choice about where to come to work. So did they fire the marketing genius responsible for the windows phone success? That is a phenomenal turnaround. And thats how we will approach it., And on the global community:Its not about just doing corporate responsibility stuff. Panos Panay from The Surface team is a really great presenter. Seems capable, but man, that hair cut. It made HR's role that much easier. He has been a strong advocate of the need to drive focus and accountability around the delivery of these experiences and has helped drive tighter alignment toward the ambition of more personal computing. Better than just an app Get math help online by speaking to a tutor in a live chat. The book was Mindset by award-winning Stanford psychologist Carol Dweck. CEO Satya Nadella told employees the company was "living through times of significant change.". They are especially difficult because they impact people and people's lives our colleagues and friends. Especially in a market that's being won/lost on how the emerging "Third-World" markets are catered for? He has been a strong advocate of the need to drive focus and accountability around the delivery of these experiences and has helped drive tighter alignment toward the ambition of more personal computing. Its important to note that while we are eliminating roles in some areas, we will continue to hire in key strategic areas. / Sign up for Verge Deals to get deals on products we've tested sent to your inbox daily. To paraphrase a quote from Oscar Wilde we need to believe in the impossible and remove the improbable. Geoff Baker covers hockey and is a sports enterprise and investigative reporter for The Seattle Times. He warns that "While we have seen great success, we are hungry to do more. We have picked a set of high-value activities as part of our One Microsoft strategy. We all make mistakes. Here is Satya Nadella's email to employees on first day as Microsoft CEO. Chris Capossela, Executive Vice President and Chief Marketing Officer (will now also take on responsibility for Dynamics and Education marketing), Kurt DelBene, Executive Vice President, Corporate Strategy and Planning, Scott Guthrie, Executive Vice President, Cloud and Enterprise, Amy Hood, Executive Vice President and Chief Financial Officer, Kathleen Hogan, Executive Vice President, Human Resources, Peggy Johnson, Executive Vice President, Business Development (will now lead our partnerships with mobile operators around the world), Qi Lu, Executive Vice President, Applications and Services Group, Terry Myerson, Executive Vice President, Windows and Devices Group, Harry Shum, Executive Vice President, Technology and Research, Brad Smith, Executive Vice President and General Counsel, Legal and Corporate Affairs, Kevin Turner, Chief Operating Officer (will also now take responsibility for the Dynamics sales and partner organization). This is the very same inspiration that continues to drive me today. web search. How to get Fluxweed Stem in Hogwarts Legacy, The Diablo 4 Open Beta will reward players with adorable wolf cosmetic, Save up to 50% on Xbox Series X|S headsets from HyperX and SteelSeries, Hogwarts Legacy: How to defeat Ranrok in the final boss fight, Destiny 2 Lightfall: How to start Season of Defiance and get its Seasonal Artifact. To: Microsoft All Employees; All MS Store Employees FTE Satya Nadella, since being appointed CEO of Microsoft in February 2014, has launched Windows 10, a move that positions Microsoft as a platform-centric company, allowing users to experience OS services across devices. Indeed, on a base salary of $2.5 million in 2022, Nadella made in total (comprising stock awards and non-equity incentives) over $54.9 million in compensation. 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. This starts with clarity of purpose and sense of mission that will lead us to imagine the impossible and deliver it. things change every day. I wish him sucess on his new job. What hes focused on now, he added, is what can immediately be done to help those within Microsoft and the community at large. We are committed to ensuring all those whose roles are eliminated have our full support during these transitions. I know it can sound hyperbolic and yet its true. 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. As a company, our success must be aligned to the world's success. Thank you to. Its so concise, the entire paragraph fits in a few short sentences: Over the past year, we have shared our vision for how the intelligent cloud and intelligent edge will shape the next phase of innovation. When you encourage and build others up, rather than dishearten and tear down, they'll be motivated to continue giving you their best. Im confident that Microsoft will emerge from this stronger and more competitive, but it requires us to take actions grounded in three priorities. We sometimes underestimate what we each can do to make things happen and overestimate what others need to do to move us forward. he is a middle tier executive. From: Satya NadellaTo: All EmployeesDate: Feb. 4, 2014Subject: RE: Satya Nadella Microsoft's New CEO. Date: Feb. 4, 2014. Today were focused on a broader range of devices. This enables us to create new categories while generating enthusiasm and demand for Windows broadly. The email goes into more detail about why Microsoft is making these leadership changes, which include the departure of Stephen Elop as the head of its Devices and Services division. Thank you for the focus, dedication, and resilience you demonstrate for Microsoft and our customers and partners each day. Ericsson lays off 8,500 employees worldwide to cut costs. Our job is to ensure that Microsoft thrives in a mobile and cloud-first world.". he reports to Terry under the WDG group now. One truth that brings me comfort, is just as this virus has no borders, its cure will have no borders, he wrote. Microsoft CEO Satya Nadella read a book that changed his outlook on leadership and business. Was looking at that and figured this is who I'm really interested in. 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. Sincerely, First, as we saw customers accelerate their digital spend during the pandemic, were now seeing them optimize their digital spend to do more with less. If we deliver on this, we will emerge stronger and thrive long into the future; its as simple as that. The company's transformation is visible in financial metrics. Today is a very humbling day for me. But very few have all the elements required: talent, resources, and perseverance. ASG has already made advancements in these areas, and the only change as part of today's announcement is that the engineering efforts to build solutions for Education will move to ASG. There was a problem. . Over the past few years, weve expanded our content pipeline and have become leaders in game subscriptions, as well as cloud gaming. Could be due to yet another shift in strategy. Maybe he does not understand that type of business Or maybe his various degrees in the relevant subjects (from US universities no less) make him just the kind of person to run a global business? As we look forward, we must zero in on what Microsoft can uniquely contribute to the world. 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. Nadella also lays out a bit of his plan for the company. The coevolution of software and new hardware form factors will intermediate and digitize many of the things we do and experience in business, life and our world. Daniel, read my comment, say if you agree. So family, curiosity and hunger for knowledge all define me. NY 10036. First, we will align our cost structure with our revenue and where we see customer demand. I really like him too. Satya Nadella took over as Microsoft CEO six years ago on Feb. 4, 2014. 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. Our job is to ensure that Microsoft thrives in a mobile and cloud-first world. Satya Nadella from India has been announced new CEO of Microsoft. Satya Nadella, in 2022, made most of his money from his performance-based compensation, which represented 96% of the total compensation. While we have seen great success, we are hungry to do more. I'm confident that this movewill befor the better. Microsoft Corporate Blogs. The result? Hopefully he doesn't get a big payout for failing, New twist plot : elop back to nokia hahaha. Instead, Nadella refers to the concept again and again in his public presentations and company-wide communication. Im thrilled to share that this morning we announced an agreement to acquire Activision Blizzard in an all-cash transaction valued at $68.7 billion. To paraphrase a quote from Oscar Wilde we need to believe in the impossible and remove the improbable. It is an incredible honor for me to lead and serve this great company of ours. I knew there was no better company to join if I wanted to make a difference. We sometimes underestimate what we each can do to make things happen and overestimate what others need to do to move us forward. Early in his career Nadella learned that great institutions are built on a clear vision. Ba dum, tssh! Also learn to spell the CEO's name. Jan 18, 2023 1. I mean it really was rude from Nadella. (Elop has lot of kids and perhaps a new wife in making) Abdulhamid Hosbas/Getty Images Microsoft announced plans on Wednesday to reduce its headcount by 10,000 positions. In his March email announcing the companys focus on cloud, Nadella wrote: Having a deep sense of customers unmet and unarticulated needs must drive our innovationThis is why a growth mindset culture matters., In his book, Nadella wrote: We are at our best when we actively seek diversity and inclusion Finally, we are one company, one Microsoftinnovation and competition dont respect our siloswe are a family of individuals united by a single, shared mission., In his March email, Nadella wrote:It will take courage to keep learning and growing together encouraging one anothers individual strengths, building more diversity and inclusion across our teams, and collaborating as One Microsoft. Today is a very humbling day for me. These are the kinds of hard choices we have made throughout our 47-year history to remain a consequential company in this industry that is unforgiving to anyone who doesnt adapt to platform shifts. We sometimes underestimate what we each can do to make things happen and overestimate what others need to do to move us forward. If you worked on the team responsible for Tay, your instinct might have been to try and forget what had happened, as soon as possible. This starts with clarity of purpose and sense of mission that will lead us to imagine the impossible and deliver it. The senior leadership team and I are committed that as we go through this process, we will do so in the most thoughtful and transparent way possible. Middle management. Neither work in a vacuum. Subject: RE: Satya Nadella Microsofts New CEO. I liked Windows 7. And as the new CEO, I cant ask for a better foundation. The senior leadership team and I are committed that as we go through this process, we will do so in the most thoughtful and transparent way possible. Ive been married for 22 years and we have 3 kids. Nadellas communication is consistent because he understands the power of a consistent vision to rally employees around a common purpose. Today, Microsoft is the No. C+E will work closely with ASG to ensure the end-to-end experience is cohesive across communications, collaboration and business processes. Finally, I truly believe that each of us must find meaning in our work. We're living through times of significant change, and as I meet with customers and partners, a few things are clear. The main field of his research activities is political and economic development in conditions of world turbulence. 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. GitHub Copilot for Business is now available, as we bring the worlds first at-scale AI developer tool to any organization. Our industry does not respect tradition it only respects innovation. Band 2? All was canned by Nandela. I'm counting on our Senior Leadership Team to inspire innovative products and services and lead excellent execution. 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. While we have seen great success, we are hungry to do more. ". Many companies aspire to change the world. Finally, I truly believe that each of us must find meaning in our work. First, computing is more powerful and ubiquitous from the cloud to the edge. The right thing here is getting Microsoft heading in the right direction, which I think this does. Nadella works from home, sharing an office there with his two teenage daughters where he juggles their e-learning with his companys ever-shifting challenges. 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. If there's one news apart from coronavirus pandemic that has dominated headlines in the US, then it's the protests in the aftermath of George Floyd's death. 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. And that's what makes the follow-up email from Satya Nadella, Microsoft's CEO, so remarkable.