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Microsoft announces 18,000 jobs to be cut in the next year

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  • Microsoft announces 18,000 jobs to be cut in the next year

    Microsoft has announced plans to cut 18,000 jobs over the course of the next year - its biggest round of layoffs ever.
    CEO Satya Nadella published his letter to all employees today, detailing the plan to "realign" Microsoft's gargantuan workforce. As of 5th June 2014 Microsoft had a global staff of 127,104.
    Its Nokia Devices and Services division is hardest hit, with about 12,500 of the job cuts. Microsoft bought Nokia's handset business for £4.6bn in September 2013. Approximately 32,000 people transfered to Microsoft from the Finnish company.
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