anyweb Posted July 17, 2014 Report post Posted July 17, 2014 Microsoft is to cut up to 18,000 jobs marking the deepest cuts in the technology firm's 39-year history. The bulk of the cuts, around 12,500, will be in its phone unit Nokia, which Microsoft bought in April, the firm said. Microsoft pledged to cut $600m (£350.8m) per year in costs within 18 months of closing the acquisition. The cuts are much more severe than the 6,000 initially expected. The firm employs 127,000 globally, including 3,500 staff in the UK. Microsoft declined to say how many jobs in the UK would be cut as a result of the changes. Chief executive officer Satya Nadella, who took the helm in February, wants the firm to shift its focus away from software to online services, apps and devices. Making these decisions to change are difficult, but necessary Mr Nadella wrote in the announcement to staff. The firm said it also planned to have fewer layers of management "to accelerate the flow of information and decision making." Microsoft said staff affected by the job cuts would be notified over the next six months, and they would be "fully completed" by the the end of June next year. In total it said the cuts, including severance pay, would cost it between $1.1bn to $1.6bn (£643m to £935m) over the next year. read the rest of the story @ BBC News > http://www.bbc.com/news/business-28348223 Share this post Link to post Share on other sites More sharing options...
kingbuzzo Posted July 18, 2014 Report post Posted July 18, 2014 It was to be expected after a major acquisition and leadership changes. Hopefully something/anything can make the old gorilla faster to market... Share this post Link to post Share on other sites More sharing options...
anyweb Posted July 18, 2014 Report post Posted July 18, 2014 I think that since Satya Nadella joined Microsoft that we are seeing many changes to the company that were 'a long time coming' and that it's evolving far faster than it has in years. While the news is troublesome and awful for those who are loosing their job, I think it's for the best for Microsoft's future and I for one am very interested to see what is coming next Share this post Link to post Share on other sites More sharing options...
kingbuzzo Posted July 21, 2014 Report post Posted July 21, 2014 I agree, they do their best work when they are cornered or the under-dog... Share this post Link to post Share on other sites More sharing options...
