Microsoft plans to cut thousands of jobs
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Reuters
Fri Jul 7, 2017 11:13 AM
Last update on: Fri Jul 7, 2017 12:35 PM

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Microsoft plans to cut thousands of jobs

Reuters
Fri Jul 7, 2017 11:13 AM Last update on: Fri Jul 7, 2017 12:35 PM
The Microsoft logo is shown on the Microsoft Theatre at the E3 2017 Electronic Entertainment Expo in Los Angeles, California, US June 13, 2017. REUTERS file photo/ Mike Blake

Microsoft Corp plans to cut "thousands" of jobs, with a majority of them outside the United States, a person familiar with the matter told Reuters.

Reuters reported on Monday that Microsoft would undergo a reorganization that would impact its sales and marketing teams as the company doubles down on its fast-growing cloud business.

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Microsoft's shares were down 0.7 percent at $68.63 on Thursday.

The Redmond, Washington-based company employed about 120,000 people globally as of March 31, with sales and marketing teams accounting for about 19 percent of the workforce, according to the company's website.

Microsoft has notified some employees about the reductions, the source said. However, in some geographies, the company plans to notify employees that their jobs are under consideration, the source added.

Since taking over as chief executive in 2014, Satya Nadella has sharpened the company's focus on its cloud computing unit to counter a prolonged slowdown in the PC market.

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সরকার গুম-খুন-গ্রেপ্তার করতে পারবে, জোয়ার ঠেকাতে পারবে না: মির্জা আব্বাস
|রাজনীতি

সরকার গুম-খুন-গ্রেপ্তার করতে পারবে, জোয়ার ঠেকাতে পারবে না: মির্জা আব্বাস

‘দেশটা আমাদের সবার, আমাদেরই আমাদের দেশকে বাঁচাতে হবে। দেশের গণতন্ত্রকে পুনরুদ্ধার করতে হবে।’

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