Microsoft To Axe 'Thousands' Of Jobs?

Written by Oonagh Reidy     16/07/2014 | 13:12 | Category: INDUSTRY

Sources tip largest jobs cuts in five years.

Microsoft To Axe Microsoft "is planning its biggest round of job cuts in five years, as the software maker looks to slim down and integrate Nokia Oyj's handset unit," reports Bloomberg. The company cut almost 6000 jobs in 2009. 

Under its new CEO, Satya Nadella, Microsoft has undergone sweeping change. And there's more to come, says sources. Microsoft engineering and marketing staff are among those tipped to get the axe. 

"Engineering and organization changes are needed," Nadella said in a letter to staff on July 10.

"Nothing is off the table in how we think about shifting our culture to deliver on this core strategy. Organizations will change. Mergers and acquisitions will occur. Job responsibilities will evolve. New partnerships will be formed. Tired traditions will be questioned."

The software giant pledged to "find ways to simplify and move faster and more efficiently."

Microsoft is to announce earnings results on July 22, and the new boss plans to reveal more then on what doing in FY15. This may include a possible job cuts announcement. 

His staff email went on to warn: "our priorities will be adjusted. New skills will be built. New ideas will be heard. New hires will be made. Processes will be simplified. 

"And if you want to thrive at Microsoft and make a world impact, you and your team must add numerous more changes to this list that you will be enthusiastic about driving."

Microsoft employs over 127,000 staff globally.