Microsoft to sack 18000 employees by 2015

Microsoft
Microsoft to sack 18000 employees by 2015

Microsoft is eliminating 18,000 jobs over the next year, including about 12,500 associated with the Nokia Devices and Services team it acquired earlier this year. In a letter to Microsoft employees, CEO Satya Nadella said the cuts are part of the company’s efforts to realign its workforce and move towards being a productivity and platform company. He also informed employees that Microsoft will offer severance to all employees impacted by these changes, as well as job transition assistance in a large number of locations.

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