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    Home»News»Microsoft to cut 700 jobs as part of its previous announcement
    News

    Microsoft to cut 700 jobs as part of its previous announcement

    HRK News BureauBy HRK News BureauJanuary 23, 2017Updated:September 26, 20182 Mins Read1569 Views
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    The company is reportedly going to begin the trimming during its earnings call on 26 January.

    In line with its previous announcement of plans to cut 2,850 jobs by June 2017, Microsoft is reportedly going to begin the trimming with an announcement of cutting down about 700 jobs during its earnings call on 26 January.

    Apparently, most of the 2,850 roles that may be cut have already been eliminated. The cuts may not be concentrated in any particular area, but are part of an effort to update skills across the company.

    The company had over 114,000 employees as of 30 June, 2016, the end of its last fiscal year. At the same, it has over 1,000 open positions that it’s seeking to fill through LinkedIn.

    The cuts, not being specific, may reportedly range from the company’s worldwide offices and business units, including sales, marketing, human resources, engineering, finance and more.

    Earlier also, under CEO Satya Nadella, Microsoft has witnessed several rounds of layoffs, including cutting nearly 7,400 jobs in its last fiscal year—primarily in the smartphone business. In addition, the largest ever layoff in the history of Microsoft was 18,000 jobs in 2014, including 12,500 associated with the Nokia handset and services business it acquired.

    The company will announce earnings for the December quarter on Thursday, 26 January.

    Microsoft
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