Tags: Microsoft | Job Cuts | Employees | Computers

Microsoft Cuts 18,000 Jobs as CEO Nadella Streamlines for Cloud Era

Thursday, 17 Jul 2014 08:18 AM

Microsoft Corp. said on Thursday it would cut up to 18,000 jobs, or about 14 percent of its workforce, as it halves the size of its recent Nokia acquisition and trims down other operations.

The company said it will take pre-tax charges of $1.1 billion to $1.6 billion for the costs of the layoffs over the next four quarters.

© 2017 Thomson/Reuters. All rights reserved.

   
1Like our page
2Share
Headline
Microsoft Corp. said on Thursday it would cut up to 18,000 jobs, or about 14 percent of its workforce, as it halves the size of its recent Nokia acquisition and trims down other operations.
Microsoft, Job Cuts, Employees, Computers
59
2014-18-17
Thursday, 17 Jul 2014 08:18 AM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved