Seems team Nokia filled up Microsoft Corp to the bream, so the company is reportedly planning it’s massive job cutting spree in five years as the software maker tries to integrate Nokia handset unit. According to Bloomberg the reductions, are expected to be announced as soon as this week.
Microsoft took over Nokia’s 127,000 employees, during early this year and company Chief Executive Satya Nadella is expected to make some cuts, which would represent Microsoft’s first major layoffs since 2009 that laid off 5,800 jobs. The people to be let go are most likely to come from the marketing departments for businesses such as the global Xbox team, and among software testers, while other job cuts may result from changes Nadella is making to the engineering organization.
In Nadella circulated a memo last week to the employees, the promised to “flatten the organization and develop leaner business processes” but never comment on widely expected job cuts at the software company.Microsoft reports quarterly results on July 22 and we wait to see if these rumors see the day of light for then.