Microsoft is in the news more often these days and this time it has been featured in mind boggling news. The immediate plan of the company is to enforce job cuts this week. If that happens, it would be the biggest spree of job cuts in five years. Microsoft is looking to merge Nokia Oyi’s handset unit, according to the sources.
The announcement of the reduction can take place anytime this week. These reductions can take place in its Nokia unit or the other sections of Microsoft that overlap with the Nokia Oyi business segment of the company.
According to the reports, Microsoft has 127,000 workers employed in the company which is surpassing the employee count of its rival companies such as Apple Inc and Google Inc. The Chief Executive Satya Nadella is expected to make the cut in jobs this week. It would be the first major job cut in Microsoft since the year 2009. More importantly, it will prove to be the biggest layoff in the history of Microsoft surpassing the 5,800 job cuts in 2009.
The majority of job cuts would take place in the marketing department of the company. Satya Nadella has already hinted at the job cut situation to employees by circulating a memo that reads “flatten the organization and develop leaner business processes”. Although, it was not particularly clear statement about the job cuts but it gave a strong signal to the employees.
Nadella also stated that he would give details of the organizational and financial issues that the company faces in the new financial year. The new financial year is actually expected to start from the beginning of this month.