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Microsoft plans major job cuts: NYT

Last year, Microsoft announced a massive cull of 18,000 staff but this new round is expected to be in addition to that.

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It goes without saying that this move hasn’t exactly paid off for Microsoft so far and now The New York Times is reporting that it could cost the company billions more in lost revenue.

The latest lay-offs will allegedly affect Redmond’s hardware division as well as its smartphone group, which is struggling to make ground against rivals like Google’s Android as well as Apple. The announcement of the cuts could come as early as Wednesday, according to the report, which did not specify the number of staff that will be laid off. Microsoft had over 118,000 employees globally at the end of March, the report said.

Frank X. Shaw, a Microsoft spokesman, declined to comment.

Focus. It’s a great thing, especially for a company like Microsoft, which has always been bloated by a bad habit of keeping many expensive investments alive-such as online advertising and various web services-even when it’s clear that they haven’t panned out. Ballmer’s final blunder as CEO of Microsoft was his decision to pay .2 billion to acquire Nokia’s handset division back in 2013.

Last month, Stephen Elop, the ex- chief executive of Nokia who became a senior Microsoft executive after the acquisition, overseeing its devices business, left Microsoft.

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Microsoft said 30 June that it’s selling part of the Bing maps unit to car-booking company Uber Technologies Inc. The company is yet to launch their OS Windows 10 on 29th of July which is designed to run on tablets, PC’s and phones.

Microsoft plans major job cuts: NYT - Business Insider