'Cutting up to 700 jobs'; says Microsoft
'Cutting up to 700 jobs'; says Microsoft
Share:

As part of its previous announcement regarding offloading 2,850 employees by June 2017, Microsoft may soon cut 700 jobs during its earnings call on January 26, media reports said on Friday.

Microsoft at the end of September had about 113,000 employees, 45,000 of whom worked in the company’s offices in the Seattle area.

That total doesn’t include the 10,000 employees, primarily in California, that Microsoft acquired from LinkedIn when the deal to buy the professional social-networking company closed in December.

Under its Indian-born CEO Satya Nadella, Microsoft has witnessed several rounds of layoffs, including cutting nearly 7,400 jobs in its last fiscal year -- primarily from the smartphone business.

The largest ever layoff in history of Microsoft was 18,000 jobs in 2014, including 12,500 associated  with the Nokia handset and services business it acquired.

Also Read:

'US Federal Reserve has raised interest rates '; Janet Yellen

US stocks closed higher as 'Donald Trump' becomes President

DRDO tweeted seeking help as it is unable to open verified 'Facebook page'

 

 

Share:
Join NewsTrack Whatsapp group
Related News