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News INTERNATIONAL BUSINESS

  • Jul 18, 2014
  • Microsoft to cut up to 18,000 jobs as Nadella streamlines

    Microsoft on Thursday said it will eliminate as many as 18,000 jobs, the largest round of cuts in its history, as chief executive officer Satya Nadella integrates Nokia’s handset unit and slims down the software-maker.
    The restructuring, amounting to about 14% of its workforce, includes 12,500 Nokia factory and professional positions — half the number of employees added in the acquisition.

    Source - http://www.financialexpress.com