Satya Nadella-led Microsoft Corp announced that it would cut almost 18,000 jobs (14% of workforce) over the next four quarters to streamline its operations.
Last time Microsoft announced big job-cut was in 2009 when the axed 5,800 jobs or about 6% of its workforce.
Since Nokia acquisition, Microsoft is slowly moving towards to ecommerce venture from only a being a software-based company. Now they focus on selling online products such as services, software, apps and electronic devices.
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Job Cut Microsoft Satya Nadella
