Microsoft Layoffs Could See Thousands of Staff in the Firing Line This Week
Written Tuesday, July 15, 2014 By Richard WalkerView author's profile
A report suggests that Microsoft could be laying off thousands of employees later this week, potentially exceeding the 5,800 staff let go back in 2009. Bloomberg's report claims that it could be the biggest employee cut in Microsoft history, with the majority of layoffs "probably" hitting the Nokia and Microsoft divisions, as well as its global Xbox team and UK European HQ.
Marketing and engineering departments could also suffer, with the latter including the aforementioned Xbox sectors, according to Bloomberg's sources. The report's sources are apparently individuals "with knowledge of the company's plans", who reckon that Microsoft's restructuring is currently in the planning phases, but could be put into action this week.
As of June 5th, Microsoft's employee count numbers 127,104; 30,000 of whom came with the company's acquisition of Nokia in April. Microsoft has declined to comment on the employee layoffs mooted in the Bloomberg report. Microsoft shares its Q4 financial report on July 22nd, so expect more news before, on or after that date (obviously). We'll have more as we get it.