Home » Industry » Devices - High Tech » Microsoft Cuts 18,000 Jobs

Microsoft Cuts 18,000 Jobs

Microsoft announced it would slash 18,000 jobs from its global workforce over the next year, the majority from the integration of the Nokia unit acquired this year.  The move is part of “a restructuring plan to simplify its operations and align the recently acquired Nokia Devices and Services business with the company’s overall strategy.”
In an email to employees, Microsoft CEO Satya Nadella talked about “starting to evolve (Microsoft’s) organization and culture.  In a separate email, Microsoft Executive Vice President for Devices & Services Stephen Elop confirmed that the company is now focused on its mobile segment.

18,000 jobs to be shed are approximately 14% of Microsoft’s total workforce.  Nokia will be taking the brunt of the layoffs shedding 12,500 employees.  In Finland, the mood is grim calling it a betrayal.

Source: gmanetwork.com

 

 

Leave a Reply