Microsoft planning huge job cuts to cope with Nokia unit integration
By Bloomberg | China Daily | Updated: 2014-07-16 07:09
Microsoft Corp is planning its biggest round of job cuts in five years, as the software maker looks to slim down and integrate Nokia Oyj's handset unit, people with knowledge of the company's plans said.
The reductions - which may be unveiled as soon as this week - will probably be in areas such as Nokia and divisions of Microsoft that overlap with that business, as well as marketing and engineering, said the people, who asked not to be identified because the plans are not public.
The restructuring may end up being the biggest in Microsoft history, topping the 5,800 jobs cut in 2009. Some details are still being worked out, two of the people said.
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