Bloomberg: Microsoft likely to announce job cuts this week

Bloomberg: Microsoft likely to announce job cuts this week

A new Bloomberg report has revealed that Microsoft seemingly has plans underway to announce a round of job cuts this week. The job cuts likely to be announced by Microsoft will probably mark the company's biggest layoff round in five years.

With Microsoft having slashed 5,800 jobs back in 2009, the layoffs now being planned by the company will be higher. Microsoft currently has as many as 127,000 employees, after the absorption of Nokia's handset business this spring.

With Microsoft looking to integrate Nokia's handset unit into its business, the Bloomberg report - citing unidentified sources familiar with the matter - said that the majority of job cuts to be announced by Microsoft will likely be in the Nokia unit.

In addition, Microsoft will also apparently cut jobs in those of its divisions which overlap with the Nokia handset business; along with laying-off employees in marketing and engineering units.

According to the Bloomberg sources, the layoffs which Microsoft is planning in marketing will affect marketing departments for businesses like the global Xbox team, and some software testers; while the engineering unit job-cuts will largely result from the changes which CEO Satya Nadella is making to the engineering organization.

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