Microsoft cuts 18,000 jobs as Nadella streamlines for cloud

Microsoft said it will eliminate as many as 18,000 jobs, the largest round of cuts in its history, as CEO Satya Nadella integrates Nokia Oyj’s handset unit and slims down the software maker.

The reductions are expected to be completed by June 30, 2015

Microsoft said it will eliminate as many as 18,000 jobs, the largest round of cuts in its history, as CEO Satya Nadella integrates Nokia Oyj’s handset unit and slims down the software maker.

The restructuring, amounting to about 14 per cent of its workforce, includes 12,500 Nokia factory and professional positions - half the number of employees added in the acquisition.

At Microsoft, cuts will be in sales, marketing and engineering. The reductions ...