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 National

Ebola crisis turns a corner as U.S. issues new guidelines

Fresh
ebola

The U.S. issued new protocols for health workers treating Ebola victims in an effort to stop the spread of the deadly virus.

in Entertainment

Fashion icon Oscar de la Renta dead at 82

Fresh
oscardelarenta

He dressed American first ladies and Hollywood stars, to become one of the most sought-after designers of the last half-century.

in Sports

Oscar Pistorius sentenced to 5 years in prison for killing girlfriend

Fresh
pistorius

The Olympic sprinter was sentenced to five years in prison, ending a trial that has gripped South Africa and the world.

in Lifestyle

Apps bring playtime back to real world

Fresh
phone

Parents eager to get children away from video screens can turn to apps to get youngsters to learn while playing in the real world.

in Entertainment

14 photos for Kim K’s 34th birthday

Fresh
AP853057848378_2

Love her or hate her, Kim Kardashian is a household name.