Microsoft Confirms it's Cutting 18,000 Jobs in the Next Year
Written Thursday, July 17, 2014 By Richard WalkerView author's profile
A report from earlier this week pointing to Microsoft cutting a record number of jobs, today prove entirely accurate, as the company has announced that it's set to lay off around 18,000 employees in the next year. Microsoft CEO Satya Nadella confirmed in a memo that former Nokia employees will account for 12,500 jobs to be cut, with those affected to be notified within the next six months.
"We are moving now to start reducing the first 13,000 positions, and the vast majority of employees whose jobs will be eliminated will be notified over the next six month," says Nadella. "Our workforce reductions are mainly driven by two outcomes: work simplification as well as Nokia Devices and Services integration synergies and strategic alignment."
It's all part of Nadella's big shake up for Microsoft, as the company looks to achieve $600 million in annual cost saving it pledge upon acquiring Nokia. These planned 18,000 job cuts will be the biggest ever for Microsoft, far exceeding the 5,800 layoffs in 2009.
While 12,500 layoffs will affect former Nokia staff, it's thought that the rest of the cuts could affect the global Xbox team and UK European headquarters.
[Via The Verge]