Friday, July 18, 2014

Microsoft to cut 18,000 jobs this year as it chops Nokia

SEATTLE, July 17 (Reuters) - Microsoft Chief Executive Officer Satya Nadella kicked off one of the largest layoffs in tech history on Thursday, hoping to reshape the aging PC industry titan into a nimbler rival to Apple and Google, and jolt a culture at the company that is used to protecting its existing Windows and Office franchises.
Microsoft Corp said on Thursday it will slash up to 18,000 jobs, or 14 percent of its workforce, over the next 12 months as it almost halves the size of its newly acquired Nokia phone business and tries to become a cloud-computing and mobile-friendly software company.


          For more details click the link  :   https://in.finance.yahoo.com/news/microsoft-says-cut-18-000-122156841.html

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