Microsoft has revealed the extent of its planned job cuts,
announcing that a staggering 18,000 positions at the firm will become
redundant over the next year.
The consumer electronics
company employs around 127,000 people worldwide, which means the
approaching tidal wave of sackings will amount to just over 14% of
Microsoft's entire workforce.
According to Microsoft,
12,500 of the jobs set to be booted will belong to Nokia staff.
Microsoft bought the Finnish mobile manufacturer back in April, and says
the job cuts are part of its strategy to absorb the company.
Most
of the firings are going to take place before the new year, with any
remaining job-holders marked for the sack assured to receive their
goodbye waves by 30th June 2015 at the latest.
The announcement came via a press release
sporting the most euphemistic headline we may have ever seen:
'"Microsoft announces steps to simplify organisation and align devices
strategy.' That's cold, man.
Microsoft's new CEO Satya Nadella wrote an open letter to all of his employees, outlining his thoughts on the move. "My promise to you is that we will go through this process in the most thoughtful and transparent way possible," says Nadella.
"We
will offer severance to all employees impacted by these changes, as
well as job transition help in many locations, and everyone can expect
to be treated with the respect they deserve for their contributions to
this company."
"Making these decisions to change are difficult, but necessary," says the Microsoft head, in his closing statement. According
to the press release, the job cuts are expected to cost Microsoft
somewhere in the region of $1.1-1.6 billion USD (£643-935 billion) over
the next four quarters, most of which is severance pay.
Source Microsoft
Thursday, July 17, 2014
Microsoft is going to sack 18,000 employees
8:21 AM
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