Microsoft also spent around $9.7 billion on stock buybacks and dividends ahead of the recent mass layoffs, but Nadella says the company is 'thriving.'

"I want to acknowledge the uncertainty and seeming incongruence of the times we're in. By every objective measure, Microsoft is thriving… and yet, at the same

Satya Nadella finally breaks his silence on Microsoft’s job cuts, calling the moment “difficult” and “dissonant.”