Microsoft To Cut 18,000 Jobs, About 14% Of Its Staff

Microsoft To Cut 18,000 Jobs, About 14 Of Its Workforce, Over The Next Year

CEO Satya Nadella says in an email to employees that it was a โ€œdifficultโ€ decision, but says changes will lead to โ€œmore productive, impactful teams across Microsoft.โ€
A week after writing a 3,100 word company-wide memo on Microsoftโ€™s โ€œbold ambition and our core focus,โ€ the companyโ€™s chief executive officer wrote another, shorter memo to his employees, one announcing up to 18,000 job cuts, around 14% of its total workforce of about 127,000.
The cuts will be concentrated in parts of the software and services giant that overlapped with Nokia, which the company acquired in April in a $7 billion deal announced last year. About 12,500 professional and factory jobs, Nadella said, would be eliminated as part of โ€œour work toward synergies and strategic alignment on Nokia Devices and Services,โ€ with the โ€œvast majorityโ€ of employees losing jobs being notified within six months. Some 30,000 new employees came to Microsoft as part of the deal, according to Bloomberg.

[source: buzzfeed]