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Tags: Microsoft | Job Cuts | Employees | Computers

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

Thursday, 17 July 2014 08:18 AM EDT

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.

© 2022 Thomson/Reuters. All rights reserved.


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 July 2014 08:18 AM
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