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Microsoft CEO Satya Nadella announced plans to cut 18,000 jobs, the most in the company's history.
In a memo to employees, Nadella said the majority of the cuts — 12,500 — would come from newly acquired Nokia. That's half of the employees who joined Microsoft from Nokia.
As for the timing of the cuts, he said: "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 months."
Microsoft's highest-ever job cuts before this were 5,800 in early 2009 during the low point of the recession
Read more here. (Business Insider)
In a memo to employees, Nadella said the majority of the cuts — 12,500 — would come from newly acquired Nokia. That's half of the employees who joined Microsoft from Nokia.
As for the timing of the cuts, he said: "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 months."
Microsoft's highest-ever job cuts before this were 5,800 in early 2009 during the low point of the recession
Read more here. (Business Insider)
