Microsoft Eliminating 18,000 Jobs as Nadella Streamlines (6)

Bloomberg L.P. 2014.07.18 07:22
By Dina Bass Microsoft Corp. (MSFT) said it will eliminate as many as 18,000 jobs, the largest round of cuts in its history, as Chief Executive Officer Satya Nadella integrates Nokia Oyj's handset unit and slims down the software maker. The restructuring, amounting to about 14 percent of its workforce, includes 12,500 Nokia factory and professional positions - half the number of employees added in the acquisition.
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