Microsoft plans to announce a major new round of layoffs as early as Wednesday, as the company seeks to further cut costs in a shifting technology landscape.
The layoffs are in addition to the about 18,000 employees that Microsoft said it planned to let go a year ago, according to people briefed on the plans, who asked for anonymity because the details were confidential. The new job cuts are expected to affect people in Microsoft's hardware group, among other parts of the company, including the struggling smartphone business that it acquired from Nokia last year in a $7.2 billion deal.
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In June, Microsoft said it was selling its online display advertising business to AOL, as the company exited a business for which it once had high hopes.Another area in which Microsoft is stumbling is smartphones, a market in which it has continued to lose market share since acquiring Nokia's handset business. Microsoft has so far failed to turn the Windows Phone operating system, which runs on its handsets, into a vibrant alternative to the two leading mobile platforms, iOS from Apple and Android from Google.
How do you read the tea leaves, Soylent? What does the future hold for Microsoft?
(Score: 5, Insightful) by PizzaRollPlinkett on Wednesday July 08 2015, @05:21PM
Purges and shortages. Big technology companies give me a bad case of cognitive dissonance. You can't purge workers constantly and then complain there's a shortage of workers at the same time.
(E-mail me if you want a pizza roll!)
(Score: 3, Funny) by Anonymous Coward on Wednesday July 08 2015, @05:26PM
Of course there is a shortage of workers. Workers cease to be workers as soon as they are laid off, because they are no longer working. Please try to keep up.
(Score: 2) by Gravis on Wednesday July 08 2015, @05:53PM
You can't purge workers constantly and then complain there's a shortage of workers at the same time.
sure you can! it's called lying and cheating which are the cornerstone and capstone of most businesses.
(Score: 3, Insightful) by Anonymous Coward on Wednesday July 08 2015, @06:23PM
You're missing a part of the sentence...
It's not that there is a shortage of workers... it's that there is a shortage of workers willing to work for what we want to pay them