Microsoft to lay off 700 employees next week

Microsoft logoMicrosoft is expected to cut 700 more jobs next week, with an announcement to be made when the company reveals its quarterly earnings.

The new layoffs are part of a plan that was announced in mid-2016, with the firm revealing at that point that 2,850 roles would be removed globally during the fiscal year which ends in June 2017.

According to BI, the layoffs will cover several divisions within Microsoft and could also target the mobile division, which itself has been impacted substantially by job cuts following the purchase of Nokia’s Devices and Services unit.

The previous round of layoffs was primarily focused on mobile, but other divisions were included as well, so it remains to be seen how Microsoft plans to spread this new job cut across its units.

Microsoft also cut more than 18,000 jobs in July 2014 after taking over Nokia’s smartphone business as part of the biggest layoff plan ever put together by the software giant.

For the moment, there is no statement from Microsoft, but there’s a good chance that this report is accurate, as the company itself originally said that it planned to lay off 2,850 people by the end of the fiscal year.

Microsoft currently has 113,000 employees across the world, and as weird as it might sound, the company is still looking for new workers in a wide range of areas, with its Careers website currently listing several job ads for product engineers, managers, and developers.

Microsoft is also one of the companies targeted by United States President Donald Trump, who repeatedly called for domestic firms to focus specifically on local jobs and reduce the focus on overseas operations. CEO Satya Nadella, however, explained that the software giant has no reason to worry about this push for American jobs, as it’s already one of the biggest employers in the country.

“We're a U.S.-based company that operates worldwide and our predominant employment is in the United States. We've already created a tremendous amount of high-paying jobs in the U.S. If anything, we'll double down on what we've always done, which is be a U.S. company that operates in the United States very responsibly, but also being a multinational company that contributes into every country that we work in,” Nadella said.

Source: Softpedia

Tags: Microsoft

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