According to an article published by Bloomberg.com, Microsoft is expected to announce its largest round of job cuts in five years. This is in order to slim down and integrate Nokia Oyj’s handset unit. According to Bloomberg, the announcement came from individuals with knowledge of the company’s plans.
The reductions are expected to happen as soon as this week. According to Bloomberg, individuals who wish not to be named said that the areas affected will be Nokia and divisions of Microsoft that overlap with that business as well as engineering. Additionally, some of the job cuts will be in marketing departments for businesses such as the global Xbox team, said the people.
Back in 2009, around 5800 jobs were cut at the company; however, the alleged upcoming restructuring could possibly be one of the largest to grace the company over the past five years.
According to Bloomberg, as well as insiders within the company, the announcement would come one week after Chief Executive Officer Satya Nadella issued his first company mission statement, calling for greater emphasis on mobile devices, cloud-computing and productivity software. In the July 10 memo, which also called for Microsoft to become more focused and efficient, Nadella, who took over from Steve Ballmer in February, said he would provide more specifics on implementation later this month.