Thursday, July 17, 2014

Microsoft Laying off 18,000 Employees



by Nick Dowell

In an effort to build a more efficient organization,  Microsoft CEO Satya Nadella says that Microsoft is to cut 18,000 jobs from its workforce in the next year, 12,500 of which will come from the Nokia Devices and Services division.

In an email to the company, Nadella 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. It’s important to note that while we are eliminating roles in some areas, we are adding roles in certain other strategic areas. My promise to you is that we will go through this process in the most thoughtful and transparent way possible. We will offer severance to all employees impacted by these changes, as well as job transition help in many locations, and everyone can expect to be treated with the respect they deserve for their contributions to this company."
Nadella went on to say that more specifics would be given out on July 22 during the company's public earnings call.
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Source: Microsoft via Joystiq
Image: Joystiq