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Thousands to lose their jobs as Microsoft prepares biggest ever round of layoffs

Published Jul 15th, 2014 7:40AM EDT
Microsoft Layoffs

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Microsoft will soon announce a massive round of layoffs, according to a new report from Bloomberg. Thousands of employees will be let go as Microsoft looks to integrate the devices and services business it recently acquired from Nokia. The report says that the reductions could be announced as soon as this week, and it could be Microsoft’s biggest ever round of layoffs, topping the 5,800 cuts it made five years ago in 2009.

Bloomberg says that while the majority of the job cuts will impact new employees that came over from Nokia following the recent handset division acquisition, other areas of Microsoft will be impacted as well. Specifically, the report says “divisions of Microsoft that overlap” with Nokia’s devices business will see cuts, as will Microsoft’s marketing and engineering divisions.

The news of imminent layoffs at Microsoft comes less than a week after new CEO Satya Nadella issued the company’s new manifesto.

Zach Epstein
Zach Epstein Executive Editor

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.

His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.