Microsoft may cut 700 jobs this month: Report
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.
New York: 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.
The aim of this layoff is reportedly to update skills in various units.
Microsoft has a workforce of about 113,000 people. The company is still hiring with over 1,600 job openings posted on LinkedIn.
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 report added.
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.
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