On September 18, 2025, during an internal town hall meeting at Microsoft’s Redmond headquarters, CEO Satya Nadella delivered a candid and chilling assessment of the company’s future, admitting he is “haunted” by the collapse of Digital Equipment Corporation (DEC)—once a computing behemoth that vanished into obscurity after failing to adapt to seismic technological shifts. Addressing over 5,000 employees in a hybrid session streamed across global offices, Nadella warned that “some of the biggest businesses we’ve built might not be as relevant going forward,”