Microsoft is predicted to fire a number of employees according to a New York Times report.
The coming weeks are not good news for Microsoft employees. Microsoft employees who haven’t been able to reach out to customers and engage their interest are about to lose their jobs. According to a report published in the New York Times, the tech company Microsoft is going to announce a large round of layoffs as early as Wednesday.
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The layoffs are a result of the shifts in the technology sector business as the landscape has been changing. Microsoft had previously promised that it was going to fire 18000 of its employees last year. The new round of layoffs is part of the very same promise.
According to an unnamed source the most layoffs have been planned in the hardware group of Microsoft. Another portion of Microsoft which will most probably have to endure the most job cuts is the smartphone sector.
Microsoft had acquired the smartphone business from Nokia in 2014 for $7.2 billion but has failed to produce a best-seller and is struggling with other competitors. At the end of March 2015 it was reported Microsoft has more than 118000 employees, therefore it may come as no surprise the company is undergoing massive firings.
Last month Microsoft sold its display ad business to AOL which shows the company is on the verge of some very major changes and is letting go of commodities.
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It is also reported in early June an email was sent to employees warning them about upcoming tough changes by the new CEO Satya Nadella, who was appointed in early 2014. While Microsoft will be undergoing major job cuts it is also preparing to launch the Windows 10 version very soon in the market.