Microsoft to Announce the Biggest Employees Layoff
Microsoft is set to layoff thousands of employees according to a report from Bloomberg, in an effort to remove redundancies from the tech giant.
It will be the largest round of layoffs since 2009; while many of the cuts will be from the recently acquired Nokia handset division — 30,000 jobs were added as a result of the $7 billion deal—marketing jobs in other divisions such as Xbox may also take a hit, according to the sources.
The job cuts are part of CEO Satya Nadella’s sweeping changes to the company, as he transitions away from former CEO Steve Ballmer’s vision of a “devices and services” company toward a “mobile-first and cloud-first” productivity firm.
In 2009, Microsoft laid of 5,800 employees in the largest round of layoffs at the company to date.