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DATE | 2014-07-17 |
FROM | Ruben Safir
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SUBJECT | Subject: [NYLXS - HANGOUT] Tonight we have 18,000 new GNU/Linux users
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http://www.bbc.com/news/business-28348223
17 July 2014 Last updated at 09:17 ET Share this page
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Microsoft set to axe 18,000 jobs Company logo The job cuts are the deepest in the firm's 39-year history Continue reading the main story Related Stories
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Microsoft is to cut up to 18,000 jobs marking the deepest cuts in the technology firm's 39-year history.
The bulk of the cuts, around 12,500, will be in its phone unit Nokia, which Microsoft bought in April, the firm said.
Microsoft pledged to cut $600m (£350.8m) per year in costs within 18 months of closing the acquisition.
The cuts are much more severe than the 6,000 initially expected.
The firm employs 127,000 globally, including 3,500 staff in the UK.
Microsoft declined to say how many jobs in the UK would be cut as a result of the changes.
Chief executive officer Satya Nadella, who took the helm in February, wants the firm to shift its focus away from software to online services, apps and devices.
"Making these decisions to change are difficult, but necessary," Mr Nadella wrote in the announcement to staff
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