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Microsoft announces biggest-ever job cut.

shriram | 17th July 2014 | Latest News
Microsoft announces biggest-ever job cut.

    Microsoft has announced its biggest job cut ever, reducing the size of its overall workforce by up to 18,000 jobs by 2015.
Of the total layoffs, about 12,500 Nokia Devices and Services employees would be given pink slips. These employees would comprise of both professional and factory workers.
CEO Satya Nadella said that the company is moving now to start reducing the first 13,000 positions, and that 'the vast majority of employees whose jobs will be eliminated, will be notified over the next six months.'
Nadella assured that the layoffs will be carried out in a thoughtful and transparent way.
After the acquisition of Nokia, Microsoft has 127,000 employees, far more than rivals Apple and Google.


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