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Microsoft Eliminating 18,000 Jobs as Nadella Streamlines
2014-07-18 09:58:47| Telecom - Topix.net
Microsoft Corp. 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 Oyj's handset unit and slims down the software maker.
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Microsoft Cuts 18,000 Jobs as Nadella Streamlines for Cloud
2014-07-18 06:08:20| Wireless - Topix.net
Microsoft Corp. 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 Oyj's handset unit and slims down the software maker.
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'Individuals end up having to do the jobs of government'...
2014-07-18 03:41:20| Waste Management - Topix.net
As more deep hydraulic fracking projects begin in Michigan, individuals are forced to do the government's job by suing those companies when there are environmental issues, says Christopher Grobbel.
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Microsoft will cut 18,000 jobs, 15% of its global workforce
2014-07-17 15:30:24| Extremetech
Microsoft has announced that it will fire around 18,000 employees over the next year, or almost 15% of its global workforce of 127,000. The bulk of the layoffs -- 12,500 -- will be former Nokia employees who are no longer needed after the acquisition. The mass job-cut is occurring for two key reasons: There is a lot of 'synergy and strategic alignment' to be made following Microsoft's acquisition of Nokia -- and, of course, tons of space must be made so that Nadella can successfully reorient the company towards his Mobile And Cloud vision.
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Microsoft confirms plan to cut 18,000 jobs
2014-07-17 14:53:00| Telecompaper Headlines
(Telecompaper) Microsoft has confirmed plans to cut 18,000 jobs over the next year, mainly at the mobile phone activities acquired from Nokia. Of the total, about 12,500 professional and factory positions will be eliminated through synergies and strategic alignment of the Nokia Devices and Services business, Microsoft said. When Microsoft completed the takeover of the Nokia business in April, it acquired around 25,000 additional employees. Microsoft expects to complete most of the cuts by the end of this year and all the restructuring by mid-2015. The plan will result in USD 1.1-1.6 billion in pretax charges over the next four quarters, including USD 750-800 million for severance and related benefits and USD 350-800 million in asset writedowns. The plans were outlined in an email from Microsoft CEO Satya Nadella to Microsoft employees and an email from former Nokia CEO and Microsoft Executive VP Stephen Elop to Microsoft Devices Group employees.
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