Microsoft plans to cut 'thousands' of jobs: source

[DonViejo]

Source: Reuters




Thu Jul 6, 2017 | 1:17pm EDT

Microsoft Corp (MSFT.O) plans to cut "thousands" of jobs, with a majority of them outside the United States, a person familiar with the matter told Reuters.

Reuters reported on Monday that Microsoft would undergo a reorganization that would impact its sales and marketing teams as the company doubles down on its fast-growing cloud business. Microsoft's shares were down 0.7 percent at $68.63 on Thursday.

The Redmond, Washington-based company employed about 120,000 people globally as of March 31, with sales and marketing teams accounting for about 19 percent of the workforce, according to the company's website. (bit.ly/2tgetOg)

Microsoft has notified some employees about the reductions, the source said. However, in some geographies, the company plans to notify employees that their jobs are under consideration, the source added.

Read more: http://www.reuters.com/article/us-microsoft-layoffs-idUSKBN19R2IO

[IronLionZion]

1. Reportedly up to 3000 jobs, mostly in sales

and mostly outside the US. Which seems odd because one would think they need people to sell their cloud services.

http://fortune.com/2017/07/06/microsoft-layoff-cloud-sales/

[cstanleytech]

3. I assume it depends on what division of their sales its being cut from as I assume some

divisions are probably not performing as well as others.

[hughee99]

4. Perhaps they're getting rid of all the Zune salesforce.

[EL34x4]

8. Maybe the cut the jobs of those helpful people who call...

...to thoughtfully inform me that my Windows computer is infected with a virus, which is really nice of them to do particularly since I don't even own a computer running Windows.

[hughee99]

9. I'm sure they would if only those people worked for Microsoft. n/t

[BumRushDaShow]

6. Could be they are having difficulty competing with Amazon's cloud services. nt

[Achilleaze]

2. Trump Slump

republicans have done this to America.

[EL34x4]

7. Forced Microsoft to cut jobs outside the United States? n/t

[Bengus81]

5. Microsoft would love to have it like the summer of 1995....

People lined up outside electronics/computer stores all over the place to get their hands on Windows 95 which went on sale at midnight at Best Buy and other locations.