Tuesday, May 03, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Intel and Oculus Bring Virtual Reality to Best Buy Stores
NVIDIA and Samsung Agree to Settle IP Litigation
Samsung Develops 3rd Generation 14-Nano FinFET Low-power Process
IE Loses Top Web Browser Spot to Chrome
Qualcomm To Make Mobiles Smarter With New Snapdragon Machine Learning SDK
You Can No Longer Use Google In Cortana searches
HP Releases New Chromebook for Home and Office
AMD and Nantong Fujitsu Microelectronics Close on Semiconductor Assembly and Test Joint Venture
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 Positions Windows 10 As A Platform for the Intelligence Revolution
Microsoft, Google Drop Complaints Against Each Other
Microsoft Reports Profit But Windows Business Keeps Declining
Microsoft Sues U.S. Government Over Data Requests
Microsoft's Edge Browser To Limit Flash Support
Toyota, Microsoft To Work Together On Connected Technologies
Build 2016: Microsoft Announces Cloud Services, Developer Tools
Microsoft's BUILD 2016 Conference Kicks Off
Microsoft Apologizes for Offensive Tweets Made By Its 'Tay' Chatbot
Microsoft Supports Yahoo Bidders
Microsoft Apologizes For "Sexy" GDC Party
Microsoft Extends Support For Intel Skylake PCs With Older Windows Versions

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .