Microsoft Confirms Another Round Of Layoffs Just Happened
Sam Yeh/Getty Images
About 3,000 employees were let go, reports ZD Net's Mary Jo Foley.
Microsoft company confirmed the layoffs to us with this statement:
"We've taken another step that will complete almost all the 18,000 reductions announced in July. The reductions happening today are spread across many different business units, and many different countries."
Sources told Foley that these cuts are mostly coming from human resources, finance, sales and marketing and IT.
In July, Microsoft said it was immediately cutting 13,000 employees, nearly all of them, 12,500, from Nokia, which would leave about another 5,000 employees to cut. In September, Microsoft let go about 2,100 employees.
However, we also heard that not all of the original 13,000 were actually cut immediately and so another round will likely happen. Looks like that will be done in early 2015, Foley is reporting.
Microsoft had promised that the majority of the layoff would be done by December. However when it announced the layoff, it also said it might make additional cuts throughout its fiscal year, which ends in June.
In those first round of cuts, test engineers across the company were the hardest hit, sources told Business Insider, because CEO Satya Nadella is changing the organizational structure of how Microsoft builds products.
The second round occurred across the board in "many different teams, functions and countries," a source told us.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market