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: 3, Insightful) by stormreaver on Wednesday July 08 2015, @09:26PM
I don't feel so bad now not making it through their interviews; they probably would've laid me off the next month.
When I was graduating from College/University in the late 90's, Microsoft called me for an interview. I told the caller that I would never work for such an evil company. She was perplexed as to why I considered Microsoft to be evil. I told her to start paying attention, and ended the phone call.
Every time news like this makes the rounds, I am reminded of the good decision I made back then to eschew that company.