Microsoft Corporation (MSFT) To Slash Up To 3000 Jobs
07 July, 2017, 00:47 | Author: Lorena Waters
In a move to focus on the growing cloud business, Microsoft on Thursday announced a major reorganisation that will lead to almost 3,000 job cuts in sales staff outside the USA, media reported.
Microsoft didn't give specifics, but CNBC reports that the company could cut approximately 3,000 jobs, representing approximately 10 percent of its total salesforce.
Microsoft is expected to announce a major reorganization of its sales team today that will place renewed focus on its cloud-based products and will result in potential layoffs.
Microsoft now has around 121,000 employees worldwide, including 71,594 in the United States, according to the company's website.
"Microsoft is implementing changes to better serve our customers and partners", a Microsoft spokesperson told CNBC.
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'From large multinationals to small and medium businesses to non-profits all over the world, organizations are using Microsoft's cloud platforms to power their digital transformation, ' Nadella said when the company reported its earnings for the first three months of this year. It's understood that the vast majority of the job losses will be in sales, and staff outside the U.S. will be hardest hit.
Layoffs have been a regular fixture at Microsoft under the leadership of CEO Satya Nadella. However, there has been no number attached to how many could be released during this shift, and today's chatter on Blind has yet to crystallize the potential.
New capabilities are being built into the cloud services, notably big data analysis and artificial intelligence capabilities. Microsoft has been axing employees at a rather rapid pace.
The company is now concentrating on selling recurring subscriptions for software accessible on multiple devices, a rapidly growing trend known as 'cloud computing'. Past year alone, more than 7500 people were let go by Microsoft.
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The magnitude of the potential layoffs is unclear, but the WSJ says they will likely occur in offices all around the globe. The impending shake-up may be the result of executive changes within the past year.
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