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

Attorney General visits racially-charged Ferguson, protests continue

Fresh
ferguson

The prosecutor's office will begin presenting evidence to a grand jury investigating the Aug. 9 shooting death of Michael Brown.

in National

All hostages freed in overnight Chicago-area standoff

Updated
chicago

Two suspects have been arrested after holding eight people - including six children - hostage for nearly 24 hours.

in Lifestyle

Could riding the bus help you lose weight?

bus

A new study shows taking public transportation is just as beneficial as other “active commuting” modes like walking and biking.

in Sports

Philadelphia girl pitcher becomes Little League’s new ‘phenom’

monedavis

Thirteen-year-old Mo'ne Davis is a young ace pitcher exploding on the scene for "throwing like a girl."

in National

It’s now easier for drivers to search for auto recalls

car

Auto safety regulators unveiled a better way for vehicle owners to search online for recall information.