Microsoft announces 18,000 job cuts in largest layoff in company's history
12,500 positions will be lost from the recently-acquired Nokia devices division
Microsoft has announced that it will axe 18,000 jobs in its largest round of cuts ever.
The majority of these losses, some 12,500 positions, will be dropped from Nokia’s Devices and Services business, which the company acquired for $5 billion earlier this year.
This news is part of an ongoing restructuring effort being led by CEO Satya Nadella who took control of the company in February, replacing former-CEO Steve Ballmer who stood down after 14 years in the position.
The company has pledged to save $600 million annually but the cut of 18,000 jobs is still well above the 6,000 losses estimated.
Microsoft's CEO: Satya Nadella said he learned much of his managerial style from playing cricket as a schoolboy in India
In a statement announcing the cuts Nadella said that decision was drive by “two outcomes”: “work simplification” and “strategic alignment”.
He explains that this means making the company “more agile”, “modernizing the engineer processes”, and aligning the Nokia acquisition with “Microsoft’s strategic direction”.
This last point likely means that the company will begin phasing out the production of Nokia phones running Android in favour of Windows Phone devices.
Earlier this month Nadella sent out an email outlining his vision for the company, saying that the company would focus on mobile and the cloud, and grandly stating that Microsoft will “reinvent productivity to empower every person and every organization on the planet to do more and achieve more.”
The company is set to announce its latest financial results on 22 July.
Life & Style blogs
Charlie Charlie Challenge: everyone on the internet thinks it’s a marketing stunt, but it probably isn’t
Not brushing your teeth can lead to dementia and heart disease
Yves Saint Laurent ad banned for featuring 'unhealthily underweight' model
Insomnia could be cured with one simple therapy session, new study claims
What do the emojis on Snapchat mean?
Thousands of teenage girls enduring debilitating illnesses after routine school cancer vaccination
Migrants in Kos: Photos show real tragedy after Brits abroad complain of 'awkward' holidays
British tourists complain that impoverished boat migrants are making holidays 'awkward' in Kos
Michael Gove determined to scrap the Human Rights Act – even if Scotland retains it
Threat to scrap Human Rights Act could see UK follow Nazi example, warns UN official
Church of England 'one generation away from extinction' after dramatic loss of followers
- 1 California man brutally beat 82-year-old Sikh grandfather he mistook for 'one of those people'
- 2 Charles Kennedy 'had better judgement drunk than many sober politicians' says Ian Hislop
- 5 We have six months to save the world, says leading economist
iJobs Gadgets & Tech
Negotiable: Recruitment Genius: This is an exciting opportunity for someone wi...
£20000 - £23000 per annum: Recruitment Genius: This Managed IT Services Provid...
£20000 - £28000 per annum: Recruitment Genius: This specialist high tech compa...
£12000 - £16000 per annum: Recruitment Genius: New Full-time, Part-time and Fr...