Comment on Microsoft lost $357 billion in market cap as stock plunged most since 2020
Binturong@lemmy.ca 4 days ago
I’m still on the fence as to whether their current CEO is just a complete business illiterate, or some kind of corporate Manchurian candidate… It’s sure LOOKS like malicious mismanagement to me, a nobody pleb.
Pringles@sopuli.xyz 4 days ago
I initially thought he was great. Their cloud business was booming, it looked like they were converging their tools, windows 10 had its flaws but was pretty good. But now the tools are an enormous mess because they have changed their minds 5 times over, Windows 11 is complete dogshit and all the tools that are actually handy are paywalled behind expensive licences. Copilot is being forcefed to unwilling users and every single one of their tools is becoming worse.
So yea, I think he’s a business illiterate because there is no strategy behind this mess.
grumpasaurusrex@lemmy.world 4 days ago
The story I’ve heard is that he took a nosedive in effectiveness as CEO when his son died in 2022 (nbcnews.com/…/microsoft-ceo-satya-nadellas-son-de…). No idea how true that is, but 2022ish does seem to have been a turning point for Microsoft in terms of strategy and how well the company is run.
AnarchistArtificer@slrpnk.net 4 days ago
That’s sad. Regardless of whether it’s one of the reasons for Microsoft’s nosedive, it does make me feel some unexpected sympathy for Satya Nadella. I also feel pity, because most high up CEOs do not seem happy with their lives — Many of them spend an absurd amount of time at work, even if they never seem to actually do much work, and I can’t imagine how hard it must be to weather grief under such conditions. No amount of money can buy you more time with a lost loved one.
It really seems like a hollow existence.