Ron Burgundy Posted July 17, 2014 Share Posted July 17, 2014 By Bill Rigby SEATTLE (Reuters) - Microsoft Chief Executive Officer Satya Nadella kicked off one of the largest layoffs in tech history on Thursday, hoping to reshape the aging PC industry titan into a nimbler rival to Apple and Google, and jolt a culture at the company that is used to protecting its existing Windows and Office franchises. Microsoft Corp said on Thursday it will slash up to 18,000 jobs, or 14 percent of its workforce, over the next 12 months as it almost halves the size of its newly acquired Nokia phone business and tries to become a cloud-computing and mobile-friendly software company. Beyond the Nokia reductions, Nadella gave few clues about where the ax will fall or what areas will receive more funding. Nadella said he will answer questions from employees at a town hall meeting at Microsoft headquarters in Redmond, Washington, on Friday and flesh out his plans publicly after Microsoft's quarterly earnings report on July 22. View the full article Quote Link to comment Share on other sites More sharing options...
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