Microsoft Reportedly Hosted Sting Concert in Davos a Night Before Laying Off 10,000 Workers
A night before Microsoft announced it was laying off 10,000 people, the technology giant hosted a private concert by artist Sting for about 50 people including its top executives in Davos during the annual World Economic Forum meeting, a media report said. The Wall Street Journal said in a report that “on Tuesday evening, Microsoft hosted an event. It was an intimate gathering of 50 or so people, including the company's top executives, who got to while away the evening listening to a performance by the musical artist Sting. The concert in Davos came a night before the technology giant announced its was laying off 10,000 workers in its largest round of layoffs since 2014. In a communication to employees Wednesday, Microsoft CEO Satya Nadella said his company will lay off 10,000 workers, or less than five per cent of its total workforce, as the technology giant aligns its cost structure with revenue and customer demand. “We're living through times of significant change,” Na