Microsoft to cut ‘thousands’ of jobs: source – National

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Microsoft plans to cut “thousands” of jobs, with a majority of them outside the United States, a person familiar with the matter told Reuters.

Reuters reported Monday that Microsoft would undergo a reorganization that would impact its sales and marketing teams as the company doubles down on its fast-growing cloud business.


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Microsoft’s shares were down 0.7 per cent at $68.63 on Thursday.

The Redmond, Washington-based company employed about 120,000 people globally as of March 31, with sales and marketing teams accounting for about 19 per cent of the workforce, according to the company’s website.

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Microsoft has notified some employees about the reductions, the source said. However, in some geographies, the company plans to notify employees that their jobs are under consideration, the source added.


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Since taking over as chief executive in 2014, Satya Nadella has sharpened the company’s focus on its cloud computing unit to counter a prolonged slowdown in the PC market.

— Editing by Saumyadeb Chakrabarty



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