Microsoft to lay of 'up to 3000 staff'

Jul 07, 2017, 00:46
Microsoft to lay of 'up to 3000 staff'

Layoffs potentially numbering in the thousands started Thursday at Microsoft, CNBC reports.

Update: Microsoft is said to be laying off up 3,000 sales employees with a majority of the positions coming from global offices according to CNBC.

"Like all companies, we evaluate our business on a regular basis", a Microsoft spokesperson told NBC News. "This can result in increased investment in some places and, from time-to-time, re-deployment in others", he added.

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Strong cloud-based sales made up for the drop in PC revenue, making good on Althoff's pledge for Microsoft's Azure cloud-computing service to be the centrepiece of the company's sales strategy.

"Our results this quarter reflect the trust customers are placing in the Microsoft Cloud", said Satya Nadella, chief executive officer at Microsoft in the company's fiscal third-quarter earnings release out in late March.

Shares of Microsoft are down 55 cents, or 0.8%, at $68.53. Most of the changes would reportedly affect employees outside of the United States. Reports indicate that Microsoft would be terminating somewhere between 3000 to 4000 Microsoft Jobs.

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Nadella's focus on the cloud has paid off for the software giant.

Microsoft has confirmed the job cuts to the INQUIRER, but hasn't said how many staff face the chop.

The layoffs were expected to begin today, as part of a reorganization that finds the remaining sales team redirecting focus to its cloud service Azure. This move has perhaps been taken keeping in mind the growth of their cloud computing business. And Microsoft is using this action as an opportunity to cull other employees, including those that are close to retirement and will be offered an early leave.

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In 2014, he announced he planned to cut up to 18,000 jobs over the next year. A year ago alone, more than 7500 people were let go by Microsoft.

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