Microsoft to Announce Job Cuts as Soon as This Week
Source: Bloomberg
Jul 15, 2014 5:39 PM ET
Microsoft Corp. (MSFT) is planning its biggest round of job cuts in five years, as the software maker looks to slim down and integrate Nokia Oyj’s handset unit, people with knowledge of the company’s plans said.
Chief Executive Officer Satya Nadella said in an interview last week that he has preparing to make sweeping changes at Microsoft. The reductions will probably be in engineering, marketing and areas of overlap with Nokia, said the people, who asked not to be identified because the plans aren’t public.
The restructuring -- which may be unveiled as soon as this week -- may end up being the biggest in Microsoft history, topping the 5,800 jobs cut in 2009, two of the people said. Some details are still being worked out, two of the people said.
Nadella, who took over from Steve Ballmer in February, said in the interview that Microsoft would have to become more focused and efficient. The CEO issued his first company mission statement last week, calling for greater emphasis on mobile devices, cloud-computing and productivity software as consumers and businesses buy fewer personal computers to check e-mail, browse the Web and access data and software.
Read more: http://www.bloomberg.com/news/2014-07-15/microsoft-said-to-announce-job-cuts-as-soon-as-this-week.html
Microsoft soon to announce biggest job cuts in 5 years
16 Jul, 2014, 01.24AM IST
Microsoft Corp is planning its biggest round of job cuts in five years, as the software maker looks to slim down and integrate Nokia Oyj's handset unit, people with knowledge of the company's plans said.
The reductions — which may be unveiled as soon as this week— will probably be in areas such as Nokia and divisions of Microsoft that overlap with that business, as well as marketing and engineering, said the people, who asked not to be identified because the plans aren't public.
The restructuring may end up being the biggest in Microsoft history, topping the 5,800 jobs cut in 2009, two of the people said. Some details are still being worked out, two of the people said.
The announcement would come one week after chief executive officer Satya Nadella issued his first company mission statement, calling for greater emphasis on mobile devices, cloud computing and productivity software.
http://economictimes.indiatimes.com/industry/jobs/microsoft-soon-to-announce-biggest-job-cuts-in-5-years/articleshow/38442364.cms
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