130°

Microsoft set to axe 18,000 jobs

Microsoft is to cut up to 18,000 jobs marking the deepest cuts in the technology firm's 39-year history.

The bulk of the cuts, around 12,500, will be in its phone unit Nokia, which Microsoft bought in April, the firm said.

Microsoft pledged to cut $600m (£350.8m) per year in costs within 18 months of closing the acquisition.

The cuts are much more severe than the 6,000 initially expected.

The firm employs 127,000 globally, including 3,500 staff in the UK.

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80°

Microsoft's Gaming Shake-up: 1900 Job Cuts, Senior Execs Exit Xbox and Blizzard

Microsoft is laying off more employees, a new round after they cut thousands last year. It seems like many big tech companies are doing the same.

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techacrobat.com
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Community85d ago
60°

Apple's Bold Move to Train LLM on Trendsetting News

Amidst the AI frenzy of 2023, major players like Google, Microsoft, and Meta are in the spotlight, launching their own generative AI systems.

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Community119d ago
60°

Microsoft launches app for iPhone users to use iMessage on PC

Microsoft has made it easy for iPhone users to check their mobile updates on Windows-enabled computers.

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knowtechie.com
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Community343d ago