Microsoft Cutting 18,000 Jobs
Microsoft will lay off 14 percent of its workforce over the next year.
This news was broken today in a memo distributed to the company’s employees today. In the memo, CEO Sataya Nadella detailed as many as 18,000 jobs for the coming months, with about 12,500 coming from the Nokia brand the company acquired not too long ago.
“We will begin to reduce the size of our overall workforce by up to 18,000 jobs in the next year,” said Nadella. “Of that total, our work toward synergies and strategic alignment on Nokia Devices and Services is expected to account for about 12,500 jobs, comprising both professional and factory workers. 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.”
Nadella would go on to affirm that these cuts would be balanced in part by the addition of new positions “in certain other strategic area” and promised to “go through this process in the most thoughtful and transparent way possible.”
These layoffs had been hinted at in recent reports and, as expected, are substantially larger than the company’s last big round of firings which saw 5,800 people losing their jobs.