Monday, March 27, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple Wins Design Patent Case In China
Uber Suspends Self-driving Car Program After Arizona Acident
LG's Mobile Payment Service Coming Soon
Samsung Backs Away From Restructuring Plan, Gears Up For Galaxy S8 Release
Microsoft Delivers Telemetry-free Windows 10 To China
Samsung Plans To Release New Curved TVs
ASUS STRIX GD30 Gaming Desktop Released
New Alcatel A30 and Moto G5 Plus Available On Amazon
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Microso...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, July 17, 2014
Microsoft To Eliminate 18,000 Jobs


Microsoft today announced a restructuring plan to simplify its operations and align the recently acquired Nokia Devices and Services business with the company's overall strategy.

These steps will result in the elimination of up to 18,000 positions over the next year. Of the total, about 12,500 professional and factory positions will be eliminated through synergies and strategic alignment of the Nokia Devices and Services business acquired by Microsoft on April 25.

"We are moving now to start reducing the first 13,000 positions, and the vast majority of employees whose jobs will be eliminated will be notified over the next six month," said Microsoft CEO Satya Nadella to Microsoft employees.

"Our workforce reductions are mainly driven by two outcomes: work simplification as well as Nokia Devices and Services integration synergies and strategic alignment," says Nadella. Microsoft now plans to share further details about its "innovation investments" on its July 22nd earnings call.

Microsoft Executive Vice President Stephen Elop said that Microsoft would be focused on making the market for Windows Phone. In the near term, the company plans to drive Windows Phone volume by targeting the more affordable smartphone segments, which are the fastest growing segments of the market, with Lumia. Microsoft will also deliver lower-cost Lumia devices by shifting select future Nokia X designs and products to Windows Phone devices.

Microsoft will also continue its efforts to bring tablets to market in ways that complement its OEM partners, power the next generation of meetings & collaboration devices and thoughtfully expand Windows with new interaction models.

"We plan to shift select Nokia X product designs to become Lumia products running Windows," Nadella says in his memo, meaning that Microsoft's Android phones could be largely phased out over time. "This builds on our success in the affordable smartphone space and aligns with our focus on Windows Universal Apps."

The cuts follow a recent memo from Nadella, outlining a big shakeup for the software maker and plans to reshape the core of what Microsoft is. Nadella also dropped the devices and services moniker, opting for a focus on cloud and mobile for the future of Microsoft.

Microsoft expected the actions associated with the plan are expected to be substantially complete by Dec. 31, 2014, and fully completed by June 30, 2015.

The company expects to incur pre-tax charges of $1.1 billion to $1.6 billion over the next four quarters, including $750 million to $800 million for severance and related benefit costs, and $350 million to $800 million of asset-related charges.





Previous
Next
New Facebook App For Verified Public Figures Released        All News        CyberLink Introduces Media Suite 12
New Facebook App For Verified Public Figures Released     General Computing News      CyberLink Introduces Media Suite 12

Get RSS feed Easy Print E-Mail this Message

Related News
Microsoft Announces Patent License Agreement with Toyota
Adobe, Microsoft To Offer Solutions That Share Sales Data
Microsoft and Steelcase Present Concepts For The Future Workplace
Microsoft's Outlook.com Premium Emal Service Now Available
Microsoft To Give A Face Lifting To Windows 10 With 'Project NEON'
Microsoft Edge Will Soon Get New Features
Cloud Services Boost Microsoft's Sales And Profit
Microsoft Announces Intune for Education And New Windows 10 PCs for School
Microsoft, NXP Semiconductors, IAV and Auto Mobility Partners showcase Technologies For Safe And Personalized Automated Friving at CES 2017
Microsoft Partners with TomTom Mapping Company On Azure
European Commission Approves Acquisition of LinkedIn by Microsoft, Subject to Conditions
Microsoft Is Careful With New Chatbot Zo, Now Available For Testing

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .