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Microsoft just announced its plans let go 18,000 of its employees in the next year. The company revealed that a large part of the layoffs are meant for the Nokia Devices and Services business, which MS bought for $7.2 billion in 2013. This accounts for about 12,500 people to be sacked, the majority of which are going to occur within six months.
"It's important to note that while we are eliminating roles in some areas, we are adding roles in certain other strategic areas," CEO Satya Nadella said. "My promise to you is that we will go through this process in the most thoughtful and transparent way possible."
"[W]e will simplify the way we work to drive greater accountability, become more agile and move faster," Nadella added. "As part of modernizing our engineering processes the expectations we have from each of our disciplines will change. In addition, we plan to have fewer layers of management, both top down and sideways, to accelerate the flow of information and decision making. This includes flattening organizations and increasing the span of control of people managers."
Well, at least they're not thrusting Kinect down our throats anymore and that turned out to be a smart move for them.
News via MS.
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