Joined Nov 11, 2007
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$MSFT Pink Slips 18k Jobs

“Microsoft CEO Satya Nadella announced plans to cut 18,000 jobs, the largest in history.

In a memo to employees Nadella, said the majority of the cuts — 12,500 — will come from newly acquired Nokia.

As for the timing of the cuts, he says, “We are moving now to start reducing the first 13,000 positions, and the vast majority of employees whose jobs will be eliminated will be notified over the next six months.”

Microsoft’s highest ever jobs prior to this were 5,800 in early 2009 during the low point of the recession….”

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