News

Microsoft expected to announce job cuts

Microsoft expected to announce job cuts

MICROSOFT:Since absorbing the handset business of Nokia this spring, Microsoft has 127,000 employees, far more than rivals Apple Inc and Google Inc. Wall Street is expecting Chief Executive Satya Nadella to make some cuts, which would represent Microsoft's first major layoffs since 2009. Photo: Reuters

(Reuters) – Microsoft Corp is planning its biggest round of job cuts in five years as the software maker looks to integrate Nokia Oyj’s handset unit, Bloomberg reported, citing people with knowledge of the company’s plans.

The reductions, expected to be announced as soon as this week, could be in the Nokia unit and the parts of Microsoft that overlap with that business, as well as in marketing and engineering, Bloomberg reported.

Since absorbing the handset business of Nokia this spring, Microsoft has 127,000 employees, far more than rivals Apple Inc and Google Inc. Wall Street is expecting Chief Executive Satya Nadella to make some cuts, which would represent Microsoft’s first major layoffs since 2009.

The restructuring may end up being the biggest in Microsoft history, topping the 5,800 jobs cut in 2009, the report said.

Some of the job cuts will be in marketing departments for businesses such as the global Xbox team, and among software testers, while other job cuts may result from changes Nadella is making to the engineering organization, Bloomberg reported.

Last week, Nadella circulated a memo to employees promising to “flatten the organization and develop leaner business processes” but deferred any comment on widely expected job cuts at the software company.

Nadella said he would address detailed organizational and financial issues for the company’s new financial year, which started at the beginning of this month, when Microsoft reports quarterly results on July 22.

Microsoft could not be immediately reached for comment outside regular business hours.

(Reporting by Supriya Kurane in Bangalore; Editing by Gopakumar Warrier)

Recent Headlines

in Local Sports

Wilson, Seattle D lead Seahawks past Arizona

Fresh
Seattle Seahawks quarterback Russell Wilson passes against the St. Louis Rams in the first half of an NFL football game, Sunday, Dec. 29, 2013, in Seattle.

The Seattle Seahawks handed the Arizona Cardinals their second loss of the season, 19-3, on Sunday.

in Local Sports

Balanced Washington holds off Pacific

Fresh
Washington head coach Lorenzo Romar directs his team against Stanford in the second half of an NCAA men's basketball game Wednesday, Feb. 12, 2014, in Seattle. Washington won 64-60.

The Washington Huskies used a balanced attack to hold off Pacific for a 76-69 victory.

in Sports

Florida State is No. 1 in AP Top 25

Fresh
Florida State quarterback Jameis Winston throws a pass before an NCAA college football game against Miami Sunday, Nov. 3, 2013, in Tallahassee, Fla.

Florida State is No. 1 in The Associated Press college football poll, followed by Alabama, Oregon and Mississippi State.

in Local Sports

Blazers beat Celtics, extend win streak to 7

Updated
Portland Trail Blazers power forward LaMarcus Aldridge (12) celebrates after scoring in the second half of an NBA basketball game against the Dallas Mavericks Wednesday, Feb. 6, 2013, in Dallas. The Mavericks won 105-99.

LaMarcus Aldridge scores 20 points and 14 rebounds as Portland beats Boston 94-88 on Sunday night.

in Sports

NFL week 12 scoreboard

A football before the first half of an NFL preseason football game between the Green Bay Packers and the Seattle Seahawks Friday, Aug. 23, 2013, in Green Bay, Wis.

All the scores from week 12 in the NFL.