The pandemic isn’t hurting Microsoft’s bottom line but these changes still worry Satya Nadella
Microsoft is not taking the identical monetary beating as a lot of of its friends thanks to the pandemic. Profits jumped 15% in the 1st quarter of 2020, Microsoft Teams users amplified by more than 70% in April, and the company’s stock selling price is up 14% this 12 months.
But financials aren’t anything to Microsoft CEO Satya Nadella. He is nonetheless concerned about the changes to perform that the coronavirus crisis is forcing. Nadella spoke with the workers of the New York Periods this 7 days about the difficulties he’s navigating as Microsoft’s leader.
“What I pass up is when you stroll into a bodily conference, you are conversing to the human being that is up coming to you, you’re equipped to hook up with them for the two minutes ahead of and immediately after,” he claimed.
Nadella warned about the consequences of embracing telecommuting forever:
“What does burnout search like? What does mental health and fitness search like? What does that connectivity and the local community making search like? A single of the points I sense is, hey, maybe we are burning some of the social capital we built up in this section where by we are all doing work remote. What is the measure for that?”
Nadella’s issue doesn’t show up to be shared broadly through the technology market. Twitter CEO Jack Dorsey notified workers this 7 days that they must sense absolutely free to perform from dwelling indefinitely if they pick. Salesforce and Zillow will give personnel the choice to telecommute for the relaxation of the 12 months.
Microsoft was just one of the 1st corporations to shift its tech workforce remotely when the coronavirus hit and will very likely carry on to pioneer versatile arrangements for personnel. But Nadella warned the New York Periods that switching to solely remote workplaces would be “replacing just one dogma with one more dogma.”