Microsoft is expected to undergo massive staff layoffs this week. According to a report by Bloomberg citing company insiders, Microsoft’s job cuts will be the biggest in five years.
The reductions in staff will be primarily in the Nokia handset division and its portions that overlap with already existing Microsoft structures. This includes departments such as engineering and marketing.
The job cuts would also affect the global Xbox team as well as software testers. As of June 5, Microsoft’s employees were 127,000, including the 30,000 more that came when the company acquired Nokia’s phone business.
While information on how many people will lose their job isn’t available, it is believed the job cuts will top the company’s massive job cuts of 2009. Back then, Microsoft let 5,800 people go.
Source | Via