Business

Microsoft will lay off up to 18,000 people, mostly ex-Nokia employees

Microsoft chief executive Satya Nadella.

Above: Microsoft chief executive Satya Nadella.

Image Credit: Microsoft

Looks like Microsoft’s layoff rumors were far too optimistic.

In a public announcement, Microsoft chief Satya Nadella revealed today that the company will cut up to 18,000 jobs “in the next year.” Nearly 70 percent of the layoffs will affect ex-Nokia employees — up significantly from the projected 1,000 job cuts reported by a Finnish newspaper yesterday.

As we’ve previously detailed, Microsoft bought the cellular device devision of Nokia last spring, and since then 25,000 Nokia employees have become Microsoft employees. Of Nadella’s 18,000 job cuts, “Nokia Devices and Services is expected to account for about 12,500 jobs,” he said.

Nadella said Microsoft plans to add new “roles in certain other strategic areas,” but he made no promises in regard to the number of jobs Microsoft will create.

Hidden at the end of Nadella’s announcement, the CEO also revealed that Microsoft plans to kill off Nokia’s experimental “Nokia X” Android project.

More information:

Microsoft Corporation is a public multinational corporation headquartered in Redmond, Washington, USA that develops, manufactures, licenses, and supports a wide range of products and services predominantly related to computing through ... read more »

Nokia’s mission is simple: Connecting People. Our goal is to build great mobile products that enable billions of people worldwide to enjoy more of what life has to offer. Our challenge is to achieve this in an increasingly dynamic an... read more »

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